Good News! Rare Earth Elements Are Not Rare
From Solar Quotes website...
Powerful permanent magnets made from Rare Earth Elements (REEs) give us cheaper, lighter and more efficient generators and motors for wind turbines and electric cars.Australia is the world’s 4th largest producer with 8% of REE production. But China is the rare earth element elephant, with 60% of the world’s supply. Their share of production used to be up around 95%, but after trying to hike the price in 2009 other countries — including Australia — started mining for REE...
Click link below for entire article...
https://www.solarquotes.com.au/blog/rare-earth-elements-renewables/
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