Rare earth metal shortage a \’ticking time-bomb\’
A \”ticking time-bomb\” looms over several core manufacturing industries, experts have warned, due to a growing shortage of \”rare earth\” metals.
Hmm, that\’s strange, given that there are several large rare earth mines due to come online in the next couple of years.
Accounts PricewaterhouseCoopers said business leaders in sectors including automotive, chemicals, and energy fear they will be the hardest hit as commodities such as Beryllium, Cobalt and Flurospar become scarcer. The metals are are used as components in items ranging from military equipment to automotive rechargeable batteries.
Those aren\’t rare earths and Flurospar isn\’t even a metal. Indeed, Flurospar is a proprietary coating technology, the mineral is in fact fluorspar.
Useful in steel making, the important use is as a source of fluorine to make hydrofluoric acid and no, none of those are metals either: fluorine is a halide.
Is it really too much to ask that reporters should have at least a vague grasp of the beats they cover?