A vision for a transparent global Rare Earth Element system using blockchain technology
Provenance
AUGUST 13, 2018
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. Since the 1990s, China has supplied the lion’s share of the world’s demand for REEs.
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