Email of the day (2)
Comment of the Day

November 29 2010

Commentary by Eoin Treacy

Email of the day (2)

on rare earth metals:
"I hope to meet you both come next May :)

"The attached podcast link, published this week in the online newsletter of the Institute of Electrical and Electronics Engineers (IEEE), provides an interesting perspective on the Rare Earth and high-tech metals world, highlighting their importance to a remarkably broad cross-section of the high-tech world (though omitting the importance of these metals to high-tech weapons).

"For those subscribers who are unfamiliar with the IEEE, please check out this link:
.
"Relevant portion of the newsletter (full newsletter attached):

"Podcast: No Data Mining Without Mineral Mining For several years now, China has cornered the market for the world's rare earth metals, mining 95 percent of them. In September, the country began blocking shipments-mostly to Japan, with whom it has territorial disputes, but also to the United States and Europe. Rare earth metals are needed for all sorts of high-tech products: iPhones, flat-screen TVs, electric cars, even wind turbines and photovoltaic cells. Politics aside, China has plenty of manufacturing reasons to hoard its rare earth metals-demand greatly exceeds the supply. Host Steven Cherry talks with James Burnell, a geologist with the Colorado Geological Survey."

Eoin Treacy's view Thank you for this informative link and we look forward to meeting you at the May Chart Seminar in London. I'm sure this interview will be of interest to subscribers. Please see Comment of the Day on November 26th for more on this subject.

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