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Friday, October 22, 2010

Hang On This Could Get Rough

China stops rare earth minerals to US 
 Why you should care ?

Whelp-Rare earths, in case you need a refresher, are a class of 17 elements used in everything from mobile phones, to hybrid car batteries, to flat-screen TVs, to guided missile systems, to wind turbines.

If it involves cutting-edge modern technology, chances are it requires rare earths.

So what’s the rub? Right now, China controls 93-97% of the world supply, depending on the source you choose to cite at your next cocktail party.

 More Here

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