Every where I look all I hear about is shortages in the REE market (products are growing in demand even in this market). Don hits the nail straight on the head in this interview.
These "rare earth elements," as they are called, are also used in many new green technologies. Indium combined with gallium is a key component of futuristic new solar panels. Hybrid vehicle batteries and compact fluorescent lightbulbs could not function without rare earth elements. And, as some environmentalists have suggested, nuclear energy will need to provide more of our power in an effort to reduce emissions and climate change. However, uranium is not found in great abundance all over the world.
More troubling, some geologists have estimated that as our technologies and populations grow, we could run out of some of these rare earth elements in years or at most decades. Indium might run out in 5-10 years, platinum in 15 years, and even silver resources could be gone in 15-20 years.
Theres a huge shortage coming in this facet of the mining industry and with shortages come price hikes