Food for thought. Made me re-think some things........
Interesting article:
Mother Jones
By Kiera Butler
Nov 14, 2011
Your Prius' Deepest, Darkest Secret
So you're considering buying a hybrid car. Or maybe you already have. Good for you! You're saving a bundle on gas and reducing your environmental footprint at the same time. But fuel isn't the only natural resource that your car requires. Its motor also contains a small amount of neodymium, one of 17 elements listed at the very bottom of the periodic table. Known as the rare earths, these minerals are key to all kinds of green technology: Neodymium magnets turn wind turbines. Cerium helps reduce tailpipe emissions. Yttrium can form phosphors that make light in LED displays and compact fluorescent lightbulbs. Hybrid and electric cars often contain as many as eight different rare earths.
And the stuff is good for more than just renewable energy technology. Walk down the aisles of your local Best Buy and you'll be hard-pressed to find something that doesn't contain at least one of the rare earths, from smartphones to laptop batteries to flat-screen TVs. They're also crucial for defense technology—radar and sonar systems, tank engines, and the navigation systems in smart bombs.
Given all this, it's not surprising that the rare-earths industry is booming. Demand for the elements has skyrocketed in the past few years, and a recent report predicted it to grow by 50 percent by 2017.
MORE AT:
http://motherjones.com/blue-marble/2011/10/rare-earths-prius-molycorp