BACKGROUND AND CONTEXT
It is almost impossible to open a newspaper without finding a mention of rare earth elements (REEs). The key reason they have impinged upon our consciousness relates to their supply and demand dynamics. Rare earth elements have unique magnetic, chemical and phosphorescent properties that make them indispensable to modern technology. They are found in finished goods such as plasma TV screens, MRIs, iPads, BlackBerrys, DVDs/CDs, hybrid cars, neo magnets, wind turbines and low voltage lighting. As demand for clean energy products and modern technology increases, significant strains are placed on existing REE supplies. We have experienced a form of mild hysteria regarding rare earth prices for the last few years and in 2011 ...
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