Page 6 - Browns Range News Today

Although it’s home to producer Lynas, the land down under only accounts for some 3 percent of the world’s rare earth reserves. Rare earths are elements vital to the modern technology age. The 17 elements grouped as rare earths are found in batteries, magnets, lasers, fibre optics, battle tanks, satellites, guided missiles and wind turbines — and that’s just to name a handful of applications. By Australia’s own account, the land down under only accounts for some 3 percent of the world�...

Company”) is pleased to provide the following commentary on recent notable developments in the rare-earth elements (“ REEs”) industry, in particular, as it pertains to the United States and allied nations. The increasing trade tensions between the People’s Republic of China (“ China”) and the USA, in addition to China’s strong economic growth and resultant increased internal demand for REEs, has reintroduced the urgent need for a complete US domestic REE supply chain into the US n...