LYC 2.56% $6.10 lynas rare earths limited

and now for something completely different, page-75

  1. 2,364 Posts.
    Guys, I repeat, 15% of the periodic table.

    Sure there are workarounds such as the Tesla Induction coil motor.
    It's a while since I read the specs on that (and I'm not an expert) but as I recall it's essentially a clever electromagnet setup and compared to REE magnets
    - Weighs more
    - Less efficient and in particular
    - poor torque at low revs.
    All those coils probably cost a fair bit to produce too.

    Anyway the clear message I get is while civilization won't crash without REE it'll do quite a bit better with them. Quibbles about specific apps doesn't change that big picture IMO.
 
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