Rare Earths in Australia | Lynas and Other Players
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’s rare earth reserves — well behind China, the global superpower of the rare earths supply chain...
Source: investingnews.com
