Question

Why are rare Earth metals so important?

Answer 1

1. Rare earth elements are consisting of seventeen metallic elements which include lanthanoids plus Scandium and Yttrium.
2. Rare earth elements are important components because of their wide range of applications, which includes 200 products across the world.
3. It can be specifically used in high-tech consumer products, cellular telephones, flat-screen monitors, television, hybrid vehicles, etc.
4. Although rare earth element used in any particular product does not contain any significant amount by weight.
5. Example: Magnets made up of rare earth element contains a small fraction of weight, but by removing this element the spindle motors, laptops, and voice coils of desktops would not be possible.
6. It may include the following application in electric vehicles, consumer electronics, National defense, and more.