Friday, August 22, 2014 7:45:29 AM
Rare Earth Elements are a group of seventeen chemically similar metals that includes the elements scandium and yttrium and the lanthanide elements. The five critical rare earth elements, neodymium (most important because neodymium is used in permanent magnets), europium, terbium, dysprosium and yttrium.
Rare earths are an indispensable input to high-technology applications, including electric and hybrid vehicles, battery technology, wind turbines, cell phones, tablets, high definition televisions as well as other consumer electronics.
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