REMs will eventually replace fossil fuels as industry makes drastic changes!7 Aug 2021 13:26
The future for mining investors will dramatically switch to Rare Earth Minerals .
What Are Rare Earth Elements (REEs)?
Rare earth elements are a group of seventeen chemical elements that occur together in the periodic table.
https://geology.com/articles/rare-earth-elements/
The group consists of yttrium and the 15 lanthanide elements (lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium). Scandium is found in most rare earth element deposits and is sometimes classified as a rare earth element. The International Union of Pure and Applied Chemistry includes scandium in their rare earth element definition.
The rare earth elements are all metals, and the group is often referred to as the "rare earth metals." These metals have many similar properties, and that often causes them to be found together in geologic deposits. They are also referred to as "rare earth oxides" because many of them are typically sold as oxide compounds.
Uses of rare earth elements
Uses of rare earth elements: This chart shows the use of rare earth elements in the United States during 2020. Many vehicles use rare earth catalysts in their exhaust systems for air pollution control. A large number of alloys are made more durable by the addition of rare earth metals. Glass, granite, marble, and gemstones are often polished with cerium oxide powder. Many motors and generators contain magnets made with rare earth elements. Phosphors used in digital displays, monitors, and televisions are created with rare earth oxides. Most computer, cell phone, and electric vehicle batteries are made with rare earth metals.
Uses of Rare Earth Elements
Rare earth metals and alloys that contain them are used in many devices that people use every day such as computer memory, DVDs, rechargeable batteries, cell phones, catalytic converters, magnets, fluorescent lighting and much more.
During the past twenty years, there has been an explosion in demand for many items that require rare earth metals. Twenty years ago very few people owned a mobile phone, but today over 5 billion people own a mobile device.
The use of rare earth elements in computers has grown almost as fast as cell phones.
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