Figure 1 Global rare earth oxide production trends
Source: Adapted from USGS data
Rare earth metals play a crucial, albeit often invisible, role in the world economy. These elements are the secret ingredients for much of our modern technological marvels. From smartphones to electric vehicles (EVs), rare earth metals are becoming indispensable.
Rare earth metals include 17 elements, such as neodymium, cerium, and dysprosium. These elements are key ingredients in the manufacturing of powerful magnets for EV motors, refining crude oil, and even in the production of wind turbines. Their unique properties, such as high conductivity and magnetic strength, make them irreplaceable in many hightech applications.
Your organisation does not have access to this article.
Sign up today to give your students the edge they need to achieve their best grades with subject expertise
Subscribe
