BBC News: Rare earth elements may affect future global relations →
‘Wars have been fought over oil and water. But are the future global tensions going to be over access to Scandium, Neodymium or Dysprosium?
Or could conflicts be fought over any other of the 17 rare earth elements, which, week by week, are becoming more and more important in developing the latest high-tech products?
Tucked onto the periodic table of the elements, in a little section once ignored by chemistry teachers, rare earths are now everywhere. They are in your iPod or tablet computer, are vital for the red colour in your TV screen whatever make you have and allow your headphones to be small enough to fit into your ears. They are in hybrid cars - both in the batteries and the fuel - and in new generation wind turbines, missile defence systems, solar panels and even F-16 fighter jets.
At the moment China provides 97% of the world’s rare earth elements, which is making America nervous from both an economic and a security perspective. Their price has gone up 1000% in just a year, which is making mining them in the US worthwhile once again.’

