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The Expected Growth of Manufacturing Technology Investments!

Supply Chain Game Changer

The Bureau of Labor Statistics recently predicted manufacturing will be the only major occupational group that will experience a decline in the 10-year period from 2016 to 2026. In fact, in the 10-year period from 2000 to 2010, the US lost 5.7 million manufacturing jobs.

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A vision for a transparent global Rare Earth Element system using blockchain technology

Provenance

It is forecasted that by 2026, demand will mainly be linked to the rise in clean energy technology, in particular for neodymium-iron-boron (NdFeB) magnets –– critical components for electric and hybrid vehicles as well as wind turbines. That is, until 2010 when China publicly announced new quotas reducing REE exports by approximately 40%.