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From Rare Earths to riches: China's stronghold on the Rare Earths market is not sustainable, and outsiders are starting to cash in.(LYNAS RARE EARTHS)
Business Asia
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October 1, 2007|
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COPYRIGHT 2007 First Charlton Communications Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Considered a "critical mineral/element" by The National Academies in March this year, Rare Earths is undeniably an absolute necessity in this technological age. Especially considering that for most applications that use Rare Earths, there are no suitable substitutes.
Dr Matthew James, Vice President of Lynas Corporation, points out that for the few applications that can still operate without Rare Earths--the performance of that application diminishes dramatically. "For example, without lanthanum used in the catalysts for oil ...
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