All That Matters

This morning I read an article by the Scientific American editor David Biello on an important topic: the importance of rare earth elements for our economy, and the power of those few countries that export them on a larger scale. (disclaimer: Scientific American is part of Nature Publishing Group, my employer)

David hits an important point there. But to my mind, the problem is far more critical and fundamental than this single, focussed example suggests, and we need to act on it soon.

Salt production at Salar de Uyuni. This salt flat harbours 50% of the world's lithium reserves. Image by Ricampelo via Wikimedia Commons.

The issue is that rare earth elements such as neodymium are essential to green energy and our economy. Neodymium is part of Nd₂Fe₁₄B, a powerful permanent magnet that is used for electromotors, read heads of hard disk drives, etc. Each wind turbine apparently uses 300 kg of neodymium, each Toyota Prius about 1 kg. At present, China produces 97% of all neodymium.

And this is the problem. China has implemented export controls for its rare earth elements resources. In a recent diplomatic spat with Japan, they temporarily restricted the export of rare earth elements to Japan. But the Chinese should not take all the blame for a little realpolitik. Heard of the 1973 oil crisis?

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