According to an internal report, the Pentagon has examined US mining companies for their production capacities of rare earth metals. This came after Beijing signaled that it wanted to restrict exports of rare earth metals in the trade war with Washington. The U.S. military has asked mining companies to develop plans to develop domestic rare earth mines and processing facilities. This emerges from an exclusive report that [...]
Rare earths have become an integral part of our everyday lives. They are used in high-tech products as well as in the automotive industry, wind turbines and photovoltaics. The fabrics have extraordinary properties. Europium, for example, is used to produce the red dye in LCD screens. Neodymium enables the production of large permanent magnets that are built into wind turbines. [...]