What Are Rare Earth Metals and Why Invest in Rare Earth Metals?
by Chester Smith ChesterBecause of calcium carbonate
that rare earth metals are used in, makes them vital and extremely
necessary to source. They never used to be mined so easily but with
technology today, extracting them and smelting them into exactly the use
we need them for has become much simpler.
So what are rare earth metals and what are they used for?
For
starters, even though they are abundant within the earth's crust they
are only found in specific locations. They are not spread out around the
world which means that only a few countries control these metals. The
main country that controls this market is China. It is estimated that
China control over 90% of the metals and export much of it, though there
has been plenty of debate as to how little the percentage of the
exports China is exporting to foreign countries in relation to what
China actually produce. Basically what this means is they can control
the market prices, as well as decide how much they want to export.
There are numerous uses for these metals, lanthanum metal
and in particular they consist of catalytic, electrical, chemical,
metallurgical, nuclear, optical or magnetic. These 7 uses that we just
listed give a very good indication as to why they are used so often in
high technology products. An example of the types of products that they
are used for include batteries, computer and smart phone screens, colour
in TV sets and for use in wind turbines. One of the main things that
give them this use is the magnetic fields that can be generated from the
conversion of the metals. One major use of these magnetic fields and
magnets is in hybrid cars which are going to become more and more
important as time passes.
Investing in rare earth metals
There
are many different investment firms that can help you get started with
investing in rare earth metals. These investments can be extremely
lucrative if done right and chosen properly. Some metals are only going
to become more important and thus have their value increase over time.
It is just as important to find the right investment company that can
help you do things such as learn how to trade, chat with an expert or
even get started and open a trading account right away. With the
increasing importance of rare earth metals you should start now if
you're on the edge.
London Metal Group specialise in Rare Earth
Investments, Rare Earth Commodities and Rare Earth Metals, we aim to
offer investors a professional service which can enable them to make
wise and profitable choices in this particular investment arena. You can
get a copy of our Complimentary Investment guide at Rare Earth Metals
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Created on Dec 31st 1969 18:00. Viewed 0 times.