All major rare earth deposits contain all of the naturally occurring rare earths. And, virtually all produce a predominance of "light" rare earths.
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At one point, Mountain Pass supplied the world with virtually of the heavy rare earth europium that was to help provide color in color television sets.
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17 different elements are considered "rare earths," although one (promethium) has all but decayed away in the Earth's crust.
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The white powder on the inside of fluorescent lightbulbs contains rare earth phosphors, such as europium, terbium and/or yttrium. These rare earths have a relatively limited global supply.
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The next generation of wind power technology uses generators powered by large rare earth permanent magnets. These magnets enable major improvements in the wind turbines' efficiency and reliability.
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Electric (EVs) and hybrid electric vehicles (HEVs) use rare earths both in the advanced batteries that power the vehicles and in the electric motors that enable them to run. There are up to 20 to 25 lbs. of rare earths in a typical EV and HEV.
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Current hybrid electric vehicles rely heavily on the nickel-metal hydride (NiMH) battery, which requires the rare earths Lanthanum and Cerium.
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After Molycorp's Phase 1 expansion, its annual production rate will grow to 19,050 metric tons (mt) of rare earth oxides. After Phase 2, its production capacity will grow to 40,000 mt a year.
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Rare earths' critical role in advanced technology is well known, but did you know that Molycorp has developed rare earth technology for water filtration?
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Molycorp produces not only rare earths, but also rare metals, such as Niobium and Tantalum, which are essential to many high-tech and other industrial applications.
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Rare earths have helped cell phones get smaller over time. The speakers and vibrating mechanisms in cell phones use tiny but powerful neodymium magnets to function.
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Recycling has the potential to produce significant quantities of rare earths. Consumer electronics, such as computers and mobile phone, and compact fluorescent light bulbs, are two very promising sources of recycled rare earth material.
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