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Rainbow Uncommon Earths Ltd Posts Full-year Outcomes Highlighting Recent Completion Of Robust Pea For Phalaborwa

These metals are utilised in power transition technologies such as electric autos and wind turbines, in most contemporary electronic gadgets, and in some defence applications. More than the coming decades, demand for uncommon earths is forecasted to increase by two to eight instances more than present provide. And even though there are truly plentiful deposits of these prized components scattered around the globe, to date no a single has rivaled China when it comes to extracting and processing them. Seventy-eight percent of all rare earth supplies imported to the United States among 2017 and 2020 originated in China, according to...