Rare-Earth Market

Rare earths… A topic that was explored here years ago when it realized then the implications today’s press are just starting to wake up to.

See also:

US defense industry over-reliant on rare earth from China

Rare Earths Rouse Pentagon Fears

China warns of backlash if U.S. presses rare-earths case with WTO

 

 

By monopolizing the mining of rare-earth metals, China could dictate the future of high-tech.

…

Beyond high-tech gadgets, rare earths play a critical role in national defense, enabling radar systems and guided missiles. Ironically, they also power clean-energy technologies, such as wind turbines and electric cars. This year, global consumption is expected to be about 155,000 tons, far more than the 45,000 tons used 25 years ago. Demand will only grow — likely at an accelerated pace — as the world tries to rein in climate change.

Lake Mead Has Dropped To Its Lowest Level Ever

 

Less water, less electricity

California isn’t the only one having a water crisis. Yesterday, Lake Mead sank to its lowest level yet. The watery behemoth created by the construction of the Hoover Dam in the 1930s was reduced to a mere 1,080.07 feet above sea level, minimally smaller than the previous record of 1,080.19 set last August.