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. Illegal mining occurs in part because legal production within China is unable to meet producers’ demand.
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