source: small capsEmerging rare earth players will propel Australia’s rankingWe may have only 4% of the world’s REE resources but, as previously stated, we are already the world’s fourth largest producer thanks to Lynas Rare Earths (ASX: LYC), which has plans to process dysprosium and terbium at a new plant in Texas.But the rankings are deceptive: Australia is the world’s largest producer independent of China.This is because number two producer (the US) and number three (Myanmar) send their output to China for processing (and value-adding), which explains why China has 57% of the world’s REE i...
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2021
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source: Manufactures's MonthlyA new report from the Department of Industry, Science, Energy and Resources has indicated an opportunity for Australia to help meet a growing global demand for critical minerals and crucial rare earths elements, used in modern technologies. The Outlook for Selected Critical Minerals Australia 2021 report anticipated growing demand for these minerals up to 2030, with opportunities for Australian production and investment in downstream value-adding processes. This report, from the office of the chief economist in the Department of Industry, Science, En...
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2021
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source:EurekAlertThe future of electronic displays will be thin, flexible and durable. One barrier to this, however, is that one of the most widely used transparent conductors for electronic displays--indium tin oxide (ITO)--doesn't perform as well on larger areas and can crack and break down with wear. Indium is also a rare earth mineral, which is relatively scarce, and the process to create ITO requires high energy consumption and expensive equipment.One emerging alternative is metal 'microgrid' conductors. These microgrids can be customized to their application by varying the mi...
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2021
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source：NerdistIn a new world record, a team of scientists working in Japan has drilled a hole into Earth’s crust approximately 26,322 feet below the ocean’s surface. The team of scientists, working as a part of an International Ocean Discovery Program (or IODP) expedition, were able to best the previous record-holder by about 328 feet. Although it’s not the distance record everyone’s excited about: It’s the rare-earth elements.Gizmodo reported on the record-breaking hole, which IODP scientists dug in the Pacific Ocean off Japan’s northeast coast. The achievement marks the first time somebody h...
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2021
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