Strategic Asset Leasing Inc (fka LEAS)

[BottomBounce]

Toyota Tries to Break Reliance on China MMTE Investors Dream Stock IMO (Lithium is the next Oil)

Company Seeks to Develop Electric Motor Without Costly, Tightly Controlled Rare Earth Metals

“Even in the best scenario of supply these [rare earth] magnets are very expensive,” Executive at car-parts maker Continental

As car companies race to improve electric and hybrid vehicles, their reliance on metals like neodymium and lithium—used in batteries found in electric and hybrid cars— is raising a host of new geopolitical issues over access to the minerals. The supply of many of these minerals is controlled by China.

http://online.wsj.com/article/SB10001424052748703583404576080213245888864.html

http://barchart.com/quotes/stocks/MMTE

http://chinaneodymium.com

Rare Earths HREE What are they? Why are they needed? China Widens Embargo http://bit.ly/ekdmQT

General Motors Co., which launched its Volt electric car last month, also is looking into alternative types of motors. "We have ongoing development in those areas and the induction motors do work," said Pete Savagian, who leads GM's hybrid powertrain engineering division.

Continental AG of Germany, one of the world's largest auto parts makers, said it already has developed a rare-earth-free motor that will be used in an undisclosed electric car due out in Europe this year. This motor uses a variation of an electric motor often found in power plants.