They are called rare earths for a reason. Hey, guess what, rare earth metals are rare. Sadly, our high tech world depends on them much more than people imagine. Fact is supply ore of rare earth metals is in excess of our use. However, most are in China, and it is restricting exports to us. This is bad for industry in america.
What is the main use. Neodynium is used in magnets and those are used in electric motors and generators of power. For example those wind mills that are so green. Folks, our future depends on magnets and to make magnets we use neo.
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