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Why are rare earths so valuable?

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Rare Earths — magnets drive defense and electrification

  • Rare earths = 17 elements
  • Lanthnum/serium = $1/kg
  • Neodinium/praseodymium = super magnets
  • Electric motors require magnets
  • Magnets = defense/electrification
  • Rare earths = electric motors
  • Rare earths = defense systems
  • Government check = rerating

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