Rare earth elements (REE) are metals or rare earth oxides, or lanthanides, and are a set of 17 silvery-white soft heavy metals. The 17 REE include
- lanthanum (La)
- cerium (Ce)
- praseodymium (Pr)
- neodymium (Nd)
- promethium (Pm)
- samarium (Sm)
- europium (Eu)
- gadolinium (Gd)
- terbium (Tb)
- dysprosium (Dy)
- holmium (Ho)
- erbium (Er)
- thulium (Tm)
- ytterbium (Yb)
- lutetium (Lu)
- scandium (Sc)
- yttrium (Y).
Scandium and yttrium are not part of the lanthanide family, but end-users include them because they occur in the same mineral deposits as the lanthanides and have similar chemical properties.
Rare earth elements are used in electric motors but in other products as well. Supply is mostly from China, but expect change over the next decades. More reading check out Visual Elements
- Includes neodymium (Nd), dysprosium (Dy), and samarium (Sm)
- A neodymium magnet can store about 18 times more magnetic energy than an iron magnet of the same volume. Rare earth magnets are widely used today in many applications, including wind turbines, electric motors, guidance systems on aircraft and missiles, speakers for personal electronics, and computer hard drives.
- Includes europium (Eu), yttrium (Y), erbium (Er), and neodymium (Nd)
- Some of the REE have luminescent properties, meaning they give off light when stimulated by electromagnetic radiation. These elements are used as phosphors (light-emitting substances) in energy-efficient light sources, such as light-emitting diodes (LEDs) and compact fluorescent light bulbs.
- Includes cerium (Ce), lanthanum (La), neodymium (Nd), and praseodymium (Pr)
- Useful for nickel–metal hydride (NiMH) batteries. The anodes of these batteries are made of mischmetal, a mixture of cerium, lanthanum, neodymium, and praseodymium that is cheaper to make because the rare earth metals do not have to be fully separated from each other. The rare earths give the battery a higher energy density (greater capacity to store energy in a given weight) and a better ability to retain capacity after many discharge-recharge cycles. These batteries are widely used in hybrid cars and portable construction tools.
- Includes cerium (Ce) and lanthanum (La)
- The electron structure of the rare earths makes them useful as catalysts (accelerators) for chemical reactions.
What elements compose REE
The number of REE is extensive, and the key ones are neodymium (Nd) and praseodymium (Pr). Often in mining, the minerals are associated with platinum as well/
REE Market Opportunity
From industry data, it is clear that there is a large gap to fill. Current supply is from China and undocumented.
REE Global Supply
China has the majority of reserves and mine production, but part of this is that other countries have not gone looking.
A team of researchers from Japan recently took their search to the bottom of the sea. By punching 10-meter-deep sediment cores into the sea floor and mapping that data onto GIS maps, the group identified an area of about 2500 square kilometers (roughly 960 square miles) sitting squarely in the Japanese Exclusive Economic Zone that contains more than 16 million tons of rare earth elements. This is five times the total amount of rare earth elements produced globally since 1900, according to USGS records. So it is more a case of not looking than not available.
Glossary of Rare Earth Elements
- CREO = Critical Rare Earth Element Oxide
- HREO = Heavy Rare Earth Element Oxide
- IAC = Ion Adsorption Clay
- LREO = Light Rare Earth Element Oxide
- REE = Rare Earth Element
- REO = Rare Earth Element Oxide
- TREO = Total Rare Earth Element Oxides
- %NdPr = Percentage amount of neodymium and praesidium as a proportion of the total amount of rare earth elements