馃攱 GEOPOLITICS: RARE EARTHS 馃攱
Rare earths are a group of 17 chemical elements (scandium, yttrium, and the 15 lanthanides: lanthanum, cerium, praseodymium, neodymium, promethium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium). They are actually relatively abundant in the earth's crust, but they are difficult to extract and separate due to their similar properties. The map shows the top 11 reserves, according to USGS 2022.
Rare earths are used in permanent magnets for wind turbines and electric vehicles, catalysts for oil refining and automotive emissions control, phosphors for lighting and displays, and batteries for portable electronics and hybrid/electric vehicles. It could drive demand up. In fact, the correlation with price and market movements could be similar to lithium [ https://www.linkedin.com/posts/activity-7032882274568138752-Fspn/?utm_source=post_nba&utm_medium=member_desktop&utm_campaign=copy ].
Facing of a future conflict, the blocks seem to be clear: the East has more reserves. However, if the world is looked through BRICS (Brazil, Russia, India, China and South Africa), they may lead the market. The big problem is for Brazil, India and South Africa if they do not take advantage of the trend and transform their materials. For now, Russia and China have bargaining power, and India is building a strong educational model based on STEM (Science, Technology, Engineering and Mathematics). Will the rest of the BRICS have some kind of power?
The best analysis is yours!
Copyright: Joel Padilla 2023
Rare earths are a group of 17 chemical elements (scandium, yttrium, and the 15 lanthanides: lanthanum, cerium, praseodymium, neodymium, promethium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, and lutetium). They are actually relatively abundant in the earth's crust, but they are difficult to extract and separate due to their similar properties. The map shows the top 11 reserves, according to USGS 2022.
Rare earths are used in permanent magnets for wind turbines and electric vehicles, catalysts for oil refining and automotive emissions control, phosphors for lighting and displays, and batteries for portable electronics and hybrid/electric vehicles. It could drive demand up. In fact, the correlation with price and market movements could be similar to lithium [ https://www.linkedin.com/posts/activity-7032882274568138752-Fspn/?utm_source=post_nba&utm_medium=member_desktop&utm_campaign=copy ].
Facing of a future conflict, the blocks seem to be clear: the East has more reserves. However, if the world is looked through BRICS (Brazil, Russia, India, China and South Africa), they may lead the market. The big problem is for Brazil, India and South Africa if they do not take advantage of the trend and transform their materials. For now, Russia and China have bargaining power, and India is building a strong educational model based on STEM (Science, Technology, Engineering and Mathematics). Will the rest of the BRICS have some kind of power?
The best analysis is yours!
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