Short supplies of the metals used in high-tech applications have prompted the nations to establish a joint-research center
But Anderson cautions that such deep-sea mining may be extremely costly and complicated. “There are hundreds of defined rare-earth minerals and mineral deposits around the globe. The important point is to find deposits that can be economically developed.”
This article is reproduced with permission from the magazine Nature. The article was first published on July 13, 2012.
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Reply | Report Abuse | Link to thisI'm into motors/generators doing EV's and wind, other generators and we did fine before these were available. In fact in many ways not using Neo magnets is better with greater torque range and flexability.
Most of the other rare earths are used in steel, etc and not in short supply.