REE: What-Why-Where-Who-W hen
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REE:
Rare earth elements (REE) are a group of 17 minerals that are essential for the production of high-tech devices such as smartphones, TVs, and electric cars, also important for the smart cities project. Despite their name, these elements are not actually rare, but they are difficult to extract and process. The demand for REE is expected to grow in the coming years, making them a critical resource for the global economy.
- What are Rare Earth Elements?
REE are a group of minerals that are essential for the production of high-tech devices. They are present in small amounts in the earth's crust and are difficult to extract and process.
- Why are Rare Earth Elements Important?
REE are essential for the production of high-tech devices such as smartphones, TVs, and electric cars. They are used in the production of magnets, batteries, and other components that are critical to the functioning of these devices.Without REE, it would be impossible to produce many of the devices that we rely on every day.
- Where are Rare Earth Elements Found?
The largest reserves of REE are found in China, which currently dominates the global market for these minerals. Other countries with significant reserves of REE include Russia, the United States, Australia, Brazil, India, Malaysia, Thailand, Vietnam, Canada, and South Africa.
Rare earth elements are essential for the production of high-tech devices and are critical to the functioning of the global economy. Despite their name, these elements are not actually rare, but they are difficult to extract and process. The largest reserves of REE are found in China, which currently dominates the global market for these minerals. As the demand for high-tech devices continues to grow, the importance of REE will only increase.