1 00:00:00,280 --> 00:00:02,840 Speaker 1: Brought to you by the reinvented two thousand twelve camera. 2 00:00:03,160 --> 00:00:08,920 Speaker 1: It's ready. Are you get in touch with technology with 3 00:00:09,039 --> 00:00:17,800 Speaker 1: tech Stuff from how stuff works dot com. Hello again, everyone, 4 00:00:17,880 --> 00:00:20,119 Speaker 1: Welcome to tech stuff. My name is Chris Poulette and 5 00:00:20,160 --> 00:00:22,040 Speaker 1: I am one of the editors here at how stuff 6 00:00:22,040 --> 00:00:24,840 Speaker 1: works dot Com. Sitting across from me, as usual, is 7 00:00:24,840 --> 00:00:28,400 Speaker 1: senior writer Jonathan Strickland. They say that the best weapon 8 00:00:28,960 --> 00:00:32,880 Speaker 1: is the one you never have to fire. I respectfully disagree. 9 00:00:33,400 --> 00:00:36,599 Speaker 1: I prefer the weapon you only have to fire once. 10 00:00:37,080 --> 00:00:39,760 Speaker 1: That's how Dad did it, and so America does it, 11 00:00:40,200 --> 00:00:44,400 Speaker 1: and it's worked out pretty well so far. Nice. Thank you. 12 00:00:45,720 --> 00:00:48,559 Speaker 1: Today we're going to talk about rare earth metals and 13 00:00:48,680 --> 00:00:53,360 Speaker 1: why they're important in electronics. Yes, this is actually sort 14 00:00:53,360 --> 00:00:55,560 Speaker 1: of a weird topic for us. It's sort of a 15 00:00:55,680 --> 00:01:01,840 Speaker 1: science e thing, but it's kind of a stuff. Yeah up, Um, 16 00:01:01,840 --> 00:01:05,240 Speaker 1: but it's certainly uh, certainly something that's uh sort of 17 00:01:05,240 --> 00:01:09,200 Speaker 1: a misnomer about rare earth metals. Yeah, yeah, it's. Um, 18 00:01:09,240 --> 00:01:11,200 Speaker 1: that's one of the things you need to understand first. 19 00:01:12,600 --> 00:01:15,440 Speaker 1: Do you want to go into that. Why it's a misnomer? Well, 20 00:01:16,400 --> 00:01:19,280 Speaker 1: it sounds like a joke. They're neither rare nor are 21 00:01:19,319 --> 00:01:23,199 Speaker 1: they an Earth all the And you know, some people 22 00:01:23,240 --> 00:01:25,600 Speaker 1: call them elements, but I think it's fair fairly safe 23 00:01:25,600 --> 00:01:31,120 Speaker 1: to call them metals. Yeah. A Swedish Army lieutenant discovered 24 00:01:31,319 --> 00:01:37,839 Speaker 1: the these medals back in seventeen seven and gave them 25 00:01:38,080 --> 00:01:42,679 Speaker 1: the the the categorical name of rare earth metals because 26 00:01:42,920 --> 00:01:46,520 Speaker 1: at that point they were very rarely seen. And it 27 00:01:46,520 --> 00:01:49,240 Speaker 1: turns out it's not because there's very little of it 28 00:01:49,320 --> 00:01:52,840 Speaker 1: on Earth. It's just that they tend to be um 29 00:01:53,080 --> 00:01:55,400 Speaker 1: mixed in with lots of other stuff, and you don't 30 00:01:55,480 --> 00:01:56,960 Speaker 1: tend to find a whole bunch of it in a 31 00:01:57,000 --> 00:01:59,920 Speaker 1: big quantity all in one spot. You find tend to 32 00:02:00,000 --> 00:02:03,080 Speaker 1: and little bits of it spread out over a huge area. 33 00:02:04,440 --> 00:02:06,640 Speaker 1: And if you wonder where the earth part comes from, 34 00:02:06,960 --> 00:02:08,920 Speaker 1: I did too, Actually I looked it up in in 35 00:02:08,960 --> 00:02:13,799 Speaker 1: Britannica and apparently this comes from the Greeks. And they 36 00:02:13,800 --> 00:02:18,399 Speaker 1: would define an earth as something that, uh, you could 37 00:02:18,440 --> 00:02:20,840 Speaker 1: heat up as much as they could heat something up 38 00:02:20,840 --> 00:02:22,720 Speaker 1: with the technology they had available to them, and it 39 00:02:22,720 --> 00:02:27,000 Speaker 1: wouldn't change significantly. Um, And it's not, I mean technically, 40 00:02:27,120 --> 00:02:30,480 Speaker 1: once you've with the with the technology we have available 41 00:02:30,480 --> 00:02:33,960 Speaker 1: to us, when you run into these oxides. Uh, with 42 00:02:34,080 --> 00:02:37,919 Speaker 1: these rare earth elements in them, you can in fact 43 00:02:38,120 --> 00:02:42,640 Speaker 1: break them down into individual elements. UM. So they're technically 44 00:02:42,680 --> 00:02:45,000 Speaker 1: not an Earth as described by that, but you know, 45 00:02:45,120 --> 00:02:47,440 Speaker 1: maybe maybe to the Greeks they would have been. I'm 46 00:02:47,480 --> 00:02:50,280 Speaker 1: sure of that time. And let me give you a 47 00:02:50,360 --> 00:02:53,440 Speaker 1: short list of some of the rare earth metals. They're 48 00:02:53,440 --> 00:02:59,079 Speaker 1: technically seventeen of them, yes they are. There's a gallium, indium, selenium, 49 00:02:59,200 --> 00:03:07,359 Speaker 1: to lurium, silicon, zinc, vanadium, lithium, platinum, neo, neodymium. Actually 50 00:03:07,400 --> 00:03:09,240 Speaker 1: some of these technically don't fall into the rare earth 51 00:03:09,600 --> 00:03:13,480 Speaker 1: metals either, like platinum, but they they're rare and they're 52 00:03:13,560 --> 00:03:24,519 Speaker 1: using electronics, so they often get lumped together with them. Cobalt, manganese, syrium, europium, dysphorium, terbium, scandium, scandium. 53 00:03:24,560 --> 00:03:27,720 Speaker 1: I didn't have that one, Scandium and atrium. I wonder 54 00:03:27,720 --> 00:03:29,360 Speaker 1: if you pronounce the I or if it's like pronounced 55 00:03:29,400 --> 00:03:31,760 Speaker 1: like an eye. I've never heard anyone say it. And 56 00:03:31,800 --> 00:03:35,160 Speaker 1: the lanthanoids, which is the which are the elements with 57 00:03:35,200 --> 00:03:37,640 Speaker 1: atomic numbers fifty seven through seventy one. Those are those 58 00:03:37,640 --> 00:03:41,160 Speaker 1: are technically the rare earth metals. They tend to be 59 00:03:41,200 --> 00:03:45,720 Speaker 1: heavy elements. Um, they and they're used for different things. 60 00:03:45,760 --> 00:03:47,680 Speaker 1: I mean a lot of these are used in order 61 00:03:47,720 --> 00:03:52,040 Speaker 1: to make magnets. Yes, I'm sorry you were about that. 62 00:03:52,080 --> 00:03:55,400 Speaker 1: Let's well, we're just gonna add another tiny historical tid bits. 63 00:03:55,800 --> 00:03:58,200 Speaker 1: And I think I think it's kind of interesting. People 64 00:03:58,240 --> 00:04:01,360 Speaker 1: pretty much ignored them up until about mid last century. 65 00:04:01,440 --> 00:04:03,840 Speaker 1: I mean, they really weren't there. They weren't particularly useful 66 00:04:03,880 --> 00:04:06,160 Speaker 1: for anything, and it was really hard to get enough 67 00:04:06,200 --> 00:04:08,240 Speaker 1: of them to do anything with them in the first place. 68 00:04:08,560 --> 00:04:12,280 Speaker 1: But they do make Jonathan pointing out very good permanent magnets. Yeah, 69 00:04:12,360 --> 00:04:16,560 Speaker 1: that's an important element in lots of electronics. Yeah, I didn't. 70 00:04:16,640 --> 00:04:19,320 Speaker 1: It's gonna happen that way. It's gonna happen all the time. Yeah. 71 00:04:19,320 --> 00:04:23,000 Speaker 1: So anyway, like, um, like, let's say your earbuds for 72 00:04:23,560 --> 00:04:26,839 Speaker 1: an MP three player, Uh, part of the speaker is 73 00:04:26,880 --> 00:04:30,479 Speaker 1: a tiny little magnet actually for not necessarily tiny, but 74 00:04:30,600 --> 00:04:33,400 Speaker 1: with earbuds, they're definitely tiny. So you have to have 75 00:04:33,440 --> 00:04:35,880 Speaker 1: a permanent magnet as part of the speaker system in 76 00:04:35,880 --> 00:04:40,000 Speaker 1: these earbuds. Well, obviously you want a permanent magnet that's 77 00:04:40,040 --> 00:04:43,960 Speaker 1: going to be powerful yet light. You don't want to have, 78 00:04:44,160 --> 00:04:47,920 Speaker 1: you know, this incredibly heavy device. I mean it is 79 00:04:48,000 --> 00:04:52,159 Speaker 1: stuck inside your ear. It's not um, it's not really comfortable, 80 00:04:52,240 --> 00:04:55,360 Speaker 1: let's say, right, So you want to have some sort 81 00:04:55,480 --> 00:04:58,520 Speaker 1: of material that's light and yet is able to have 82 00:04:58,560 --> 00:05:02,120 Speaker 1: a permanent magnetic chart and a lot of these medals 83 00:05:02,600 --> 00:05:04,400 Speaker 1: fall into that category. And in fact, that's what a 84 00:05:04,440 --> 00:05:06,840 Speaker 1: lot of them are used for. And uh, but not 85 00:05:07,000 --> 00:05:11,159 Speaker 1: just speakers. I mean, that's just one example that that's correct. 86 00:05:11,200 --> 00:05:13,640 Speaker 1: I was going to add that. Um. Uh. I guess 87 00:05:13,640 --> 00:05:16,040 Speaker 1: what started this whole thing for me was an article 88 00:05:16,279 --> 00:05:19,960 Speaker 1: on c neet by Martin Lamonica. Um. And of course 89 00:05:19,960 --> 00:05:21,760 Speaker 1: we you know, I think each of us delved into 90 00:05:21,760 --> 00:05:24,040 Speaker 1: it quite substantially more to find out more. But he 91 00:05:24,240 --> 00:05:27,520 Speaker 1: wrote an really interesting piece about it. Well, we can 92 00:05:27,520 --> 00:05:30,800 Speaker 1: get into why more in in a few minutes and 93 00:05:30,839 --> 00:05:33,000 Speaker 1: when we get into more of the application. But one 94 00:05:33,040 --> 00:05:35,680 Speaker 1: of the benefits of using these medals is that their 95 00:05:36,000 --> 00:05:42,080 Speaker 1: their strength to weight ratio is so is so uh useful. Um, 96 00:05:42,120 --> 00:05:44,120 Speaker 1: They're very strong for their weight, and that's why, as 97 00:05:44,160 --> 00:05:48,400 Speaker 1: as Jonathan pointed out, uh, they do make excellent applications 98 00:05:48,520 --> 00:05:51,479 Speaker 1: for things like that. In portable electronics. There and lots 99 00:05:51,480 --> 00:05:54,400 Speaker 1: and lots of different kinds of portable electronics UM four 100 00:05:54,400 --> 00:05:56,600 Speaker 1: different things, which we'll get into in a minute here. 101 00:05:56,640 --> 00:05:59,680 Speaker 1: But UM uh yeah, that's that's just one of those 102 00:06:00,000 --> 00:06:03,080 Speaker 1: as reasons why they're so useful, right. Yeah. The weight 103 00:06:03,200 --> 00:06:08,479 Speaker 1: issue is a is non trivial. Uh. For instance, you know, 104 00:06:08,560 --> 00:06:11,440 Speaker 1: you hear about people talking about like the iPad, the 105 00:06:11,480 --> 00:06:13,839 Speaker 1: iPad weighs a little over a pound, and people will 106 00:06:13,839 --> 00:06:16,040 Speaker 1: talk about how after a little while it feels like 107 00:06:16,080 --> 00:06:20,640 Speaker 1: it's it's getting heavy in your hands. UM. I mean 108 00:06:20,720 --> 00:06:26,359 Speaker 1: without the these particular metals to help design well, to 109 00:06:26,400 --> 00:06:29,160 Speaker 1: help in the design of electronics, UM, they would be 110 00:06:29,160 --> 00:06:31,960 Speaker 1: even heavier. It would not In fact, it probably would 111 00:06:32,000 --> 00:06:35,920 Speaker 1: not be compact. We would have much larger electronics uh, 112 00:06:35,960 --> 00:06:39,080 Speaker 1: and they would be less efficient, they'd be heavier. UM. 113 00:06:39,120 --> 00:06:41,039 Speaker 1: It just would not be It wouldn't be the same 114 00:06:41,040 --> 00:06:43,400 Speaker 1: world that we live in today if we didn't if 115 00:06:43,400 --> 00:06:45,680 Speaker 1: we had not discovered the applications of these rare earth 116 00:06:45,800 --> 00:06:49,560 Speaker 1: metals UM and some of the other applications of all 117 00:06:49,640 --> 00:06:55,960 Speaker 1: things like displays and UM various other electronic components. The 118 00:06:56,040 --> 00:07:00,200 Speaker 1: EUROPEUM in particular was used to produce color displays, And 119 00:07:00,279 --> 00:07:03,120 Speaker 1: that's actually one that's fairly rare. Uh. Some of these 120 00:07:03,200 --> 00:07:07,480 Speaker 1: rare earth metals are legitimately rare in the sense that 121 00:07:07,560 --> 00:07:11,040 Speaker 1: we just we haven't found big deposits of them. Now. Granted, 122 00:07:11,160 --> 00:07:14,800 Speaker 1: most electronics only use a couple of grams of this 123 00:07:14,920 --> 00:07:19,400 Speaker 1: stuff at at most for a particular device. Yeah, there's 124 00:07:19,560 --> 00:07:22,520 Speaker 1: there's a notable exception, but we'll get to that a second. Well, yeah, 125 00:07:22,520 --> 00:07:26,400 Speaker 1: that's that's one of the things too about the using 126 00:07:26,400 --> 00:07:30,880 Speaker 1: these devices. You they wouldn't necessarily need to be plentiful, um, 127 00:07:30,920 --> 00:07:34,720 Speaker 1: except for the obviously the cost um in order to 128 00:07:34,760 --> 00:07:37,040 Speaker 1: spread them around into the electronics because they are are 129 00:07:37,760 --> 00:07:42,040 Speaker 1: so light and useful at their size. Um. But yeah, 130 00:07:42,040 --> 00:07:45,960 Speaker 1: that that talking about the using them in displays. That's 131 00:07:46,080 --> 00:07:48,800 Speaker 1: the first application I had seen about the mid twentieth 132 00:07:48,800 --> 00:07:52,000 Speaker 1: century when they started making color television sets. Um, and 133 00:07:52,000 --> 00:07:54,800 Speaker 1: they use some of these materials to make I believe 134 00:07:54,920 --> 00:07:58,280 Speaker 1: I read the color red helped help make the red 135 00:07:58,320 --> 00:08:03,400 Speaker 1: phosphour and uh in the TV screens. So that's that 136 00:08:03,480 --> 00:08:06,720 Speaker 1: was one of the earliest, I think widespread uses of 137 00:08:06,840 --> 00:08:09,280 Speaker 1: the rare earth metals. Yeah, today you you're gonna find 138 00:08:09,320 --> 00:08:12,960 Speaker 1: it also in a lot of green technology stuff like 139 00:08:13,000 --> 00:08:17,960 Speaker 1: solar panels, wind generators, fuel cells. UM, these all have 140 00:08:19,000 --> 00:08:23,800 Speaker 1: some rare earth metals in them. And actually that's where 141 00:08:24,240 --> 00:08:26,800 Speaker 1: it's funny, because these are supposed to be answers to 142 00:08:27,040 --> 00:08:31,120 Speaker 1: things like the oil crisis, and UM, it's funny because 143 00:08:31,120 --> 00:08:33,880 Speaker 1: they had were starting to hit a rare earth metal crisis. 144 00:08:35,160 --> 00:08:38,640 Speaker 1: That's true. UM. One of the reasons for that is 145 00:08:38,679 --> 00:08:43,840 Speaker 1: the the direct drive turbines UH and green technology for 146 00:08:43,920 --> 00:08:47,200 Speaker 1: wind power. They use an awful lot of some of 147 00:08:47,240 --> 00:08:51,640 Speaker 1: these devices. And I note now that some of my 148 00:08:51,679 --> 00:08:54,440 Speaker 1: notes got cut off when I came in here, so 149 00:08:54,960 --> 00:08:57,360 Speaker 1: the the number I had written down to use for 150 00:08:57,400 --> 00:09:00,560 Speaker 1: this particular argument is now lost to me. What was 151 00:09:00,600 --> 00:09:02,960 Speaker 1: that you happened to happen? Neodymium? Was the was the 152 00:09:03,000 --> 00:09:09,080 Speaker 1: actual particular metal that because what's happening is let's let's 153 00:09:09,200 --> 00:09:13,200 Speaker 1: let's talk about where these metals are currently coming from. Okay, 154 00:09:13,920 --> 00:09:18,600 Speaker 1: They're almost all coming from China, Yes, Lamonica said about 155 00:09:19,800 --> 00:09:22,040 Speaker 1: of the world's rare earth metals are coming from China 156 00:09:22,160 --> 00:09:25,880 Speaker 1: right now. The figure I saw was between and so 157 00:09:26,160 --> 00:09:28,600 Speaker 1: the vast majority of these metals are all coming out 158 00:09:28,600 --> 00:09:32,760 Speaker 1: of China. And China doesn't just export these. China uses 159 00:09:32,800 --> 00:09:38,599 Speaker 1: these metals in various electronics and applications as well. Right, what, 160 00:09:38,840 --> 00:09:41,840 Speaker 1: it's one of the world's fastest growing economies, if not 161 00:09:42,000 --> 00:09:45,560 Speaker 1: the fastest growing economy, and of course, uh, you know 162 00:09:45,679 --> 00:09:49,960 Speaker 1: the popularity of electronics, um, you know in that country. 163 00:09:49,960 --> 00:09:54,040 Speaker 1: Plus they've the government has been really pushing green technology. 164 00:09:54,880 --> 00:09:58,079 Speaker 1: So with the applications and electronics and green technology, Uh, 165 00:09:58,120 --> 00:10:01,280 Speaker 1: they've wanted to keep a lot of their rare earth 166 00:10:01,520 --> 00:10:04,520 Speaker 1: metals to themselves to use in that and those applications. 167 00:10:04,559 --> 00:10:09,400 Speaker 1: The problem being that they've they're plentiful in China and 168 00:10:09,840 --> 00:10:14,720 Speaker 1: they've driven down the cost of mining them, so it's 169 00:10:14,720 --> 00:10:18,560 Speaker 1: been sort of economically counterproductive for other countries to do that. 170 00:10:18,559 --> 00:10:21,960 Speaker 1: They just import it from China. Yeah, that's a good point. Um, 171 00:10:22,120 --> 00:10:24,200 Speaker 1: you might say, well, why why is it all coming 172 00:10:24,200 --> 00:10:26,200 Speaker 1: from China? Does that just mean that all the metals 173 00:10:26,200 --> 00:10:29,840 Speaker 1: are in China? No, I mean China is an enormous country. 174 00:10:29,920 --> 00:10:34,600 Speaker 1: So that's that's part. Yeah, But the other element of 175 00:10:34,640 --> 00:10:37,600 Speaker 1: that is, as us see, it just happens. It's like 176 00:10:37,600 --> 00:10:39,520 Speaker 1: a drinking game. Every time you hear me say, element 177 00:10:39,600 --> 00:10:43,280 Speaker 1: have a sip of fruit juice. Yes, So China's big country, 178 00:10:43,320 --> 00:10:45,200 Speaker 1: there are a lot of rare earth metals there, but 179 00:10:45,240 --> 00:10:47,000 Speaker 1: there are a lot of rare earth metals across the 180 00:10:47,160 --> 00:10:51,160 Speaker 1: entire globe. Because China has driven the cost of mining 181 00:10:51,200 --> 00:10:53,440 Speaker 1: down so much, it made more sense to just go 182 00:10:53,480 --> 00:10:56,040 Speaker 1: ahead and purchase the metals from China than it did 183 00:10:56,080 --> 00:11:00,000 Speaker 1: to invest in mining operations in other parts of the world. 184 00:11:00,040 --> 00:11:03,480 Speaker 1: In fact, the United States had a rare earth metal mine. 185 00:11:04,040 --> 00:11:05,800 Speaker 1: Yes it did, and it was shut down in two 186 00:11:05,800 --> 00:11:08,920 Speaker 1: thousand two. Yes, I believe it's in Colorado. Uh that 187 00:11:09,080 --> 00:11:11,079 Speaker 1: I can't tell you because I don't know for certain 188 00:11:11,360 --> 00:11:13,440 Speaker 1: it is too. It definitely did shut down. No, wait, 189 00:11:13,480 --> 00:11:15,079 Speaker 1: but one the one to shut down in two thousand 190 00:11:15,160 --> 00:11:19,920 Speaker 1: two that I was reading was a complex in Mountain Pass, California, California. 191 00:11:19,920 --> 00:11:24,840 Speaker 1: And that's right, the Colorado connection was the executive director 192 00:11:24,840 --> 00:11:28,160 Speaker 1: of the Rare Earth Industry and Technology Association, Keith Delaney, 193 00:11:28,320 --> 00:11:33,520 Speaker 1: who Lamonica quoted, and he is based in Colorado. But yeah, 194 00:11:33,520 --> 00:11:35,920 Speaker 1: that that mine had shut down in in two thousand two. 195 00:11:35,920 --> 00:11:39,640 Speaker 1: But they're bringing it back. Yes, because here's the deal is. 196 00:11:39,840 --> 00:11:45,199 Speaker 1: As Chris was saying earlier about the wind generation um turbines, 197 00:11:47,400 --> 00:11:52,960 Speaker 1: China's building a big green windmill type of network within 198 00:11:53,120 --> 00:11:58,160 Speaker 1: the borders of China, and because it requires a lot 199 00:11:58,240 --> 00:11:59,720 Speaker 1: of this or maybe not even a lot, but it 200 00:11:59,720 --> 00:12:05,360 Speaker 1: re wires more neodymium than China actually produces. So that's 201 00:12:05,360 --> 00:12:07,280 Speaker 1: why China is saying, you know what, We're not gonna 202 00:12:07,400 --> 00:12:10,120 Speaker 1: export this anymore because we need it. In fact, we 203 00:12:10,160 --> 00:12:13,480 Speaker 1: need more than what we produce in order to fulfill 204 00:12:13,600 --> 00:12:18,599 Speaker 1: this project that we have planned. So um, you're not 205 00:12:18,640 --> 00:12:21,120 Speaker 1: gonna get any And so that's when the rest of 206 00:12:21,120 --> 00:12:24,720 Speaker 1: the world said, oh, you know what, depending upon one 207 00:12:24,760 --> 00:12:30,160 Speaker 1: supplier for this one really particular material is maybe not 208 00:12:30,200 --> 00:12:34,960 Speaker 1: the best idea because that one supplier can get cut off. 209 00:12:36,160 --> 00:12:38,840 Speaker 1: The same thing actually happened, Actually, a similar thing happened 210 00:12:39,040 --> 00:12:41,880 Speaker 1: with Japan. Uh. And this may or may not be 211 00:12:41,960 --> 00:12:48,480 Speaker 1: politically um motivated, right Japan. China actually shut down expert 212 00:12:48,640 --> 00:12:53,439 Speaker 1: exportation of rare earth metals to Japan and uh that 213 00:12:53,559 --> 00:12:56,960 Speaker 1: might have been because of a diplomatic dispute. China says, no, 214 00:12:57,240 --> 00:12:59,720 Speaker 1: that's not the reason, but the rest of the world 215 00:12:59,760 --> 00:13:02,840 Speaker 1: kind says, yeah, that's kind of the reason. Um. And 216 00:13:02,920 --> 00:13:06,079 Speaker 1: so that raised a lot of fears and the rest 217 00:13:06,080 --> 00:13:08,080 Speaker 1: of the world saying, well, if China can do that 218 00:13:08,120 --> 00:13:11,480 Speaker 1: if they're just gonna shut down exporting out these materials 219 00:13:11,480 --> 00:13:13,720 Speaker 1: that we depend on in order to make the various 220 00:13:14,040 --> 00:13:17,600 Speaker 1: electronic devices that are coming out today, where does that 221 00:13:17,679 --> 00:13:22,120 Speaker 1: leave us, because we're not getting it from anywhere else. Um, 222 00:13:22,320 --> 00:13:24,920 Speaker 1: right now, what that means is that it would leave us, 223 00:13:25,880 --> 00:13:29,280 Speaker 1: uh in panic mode. We wouldn't we wouldn't necessarily run 224 00:13:29,280 --> 00:13:32,320 Speaker 1: out of the metals immediately, because, as I said, in 225 00:13:32,400 --> 00:13:36,000 Speaker 1: most applications, we're only using a tiny amount of these medals, 226 00:13:36,840 --> 00:13:39,840 Speaker 1: you know, maybe a gram for a particular electronic device, 227 00:13:40,520 --> 00:13:46,280 Speaker 1: with a big exception being hybrid and electric vehicles. Because 228 00:13:46,280 --> 00:13:49,640 Speaker 1: supposedly a prius uses around thirty pounds of the stuff, 229 00:13:51,040 --> 00:13:54,120 Speaker 1: So that's a lot compared to you know, an iPod 230 00:13:54,240 --> 00:13:58,000 Speaker 1: or something. Yeah, and uh, from from what I can tell, 231 00:13:58,320 --> 00:14:03,760 Speaker 1: apparently according to to Delaney, that is one of the problems. 232 00:14:03,800 --> 00:14:08,840 Speaker 1: Even when the mine out in California comes back online 233 00:14:09,160 --> 00:14:12,800 Speaker 1: and they said sometime in the next couple of years, 234 00:14:13,160 --> 00:14:17,000 Speaker 1: there's also one in Australia, even with those new efforts, um, 235 00:14:17,080 --> 00:14:21,960 Speaker 1: it is unlikely that the producers of rare earth metals 236 00:14:22,080 --> 00:14:24,880 Speaker 1: can keep up with the world's demand for them. So 237 00:14:24,920 --> 00:14:28,720 Speaker 1: I would imagine that the cost will remain high until 238 00:14:28,880 --> 00:14:32,480 Speaker 1: there there is a way to produce them efficiently. Thankfully, 239 00:14:32,680 --> 00:14:34,560 Speaker 1: China has said, you know, no, no, we're not going 240 00:14:34,600 --> 00:14:38,680 Speaker 1: to shut down all exports of rare earth metals completely 241 00:14:38,720 --> 00:14:41,640 Speaker 1: to the world. You know, I would imagine not that 242 00:14:41,760 --> 00:14:43,360 Speaker 1: they can still make quite a bit of money on 243 00:14:43,400 --> 00:14:46,280 Speaker 1: the world market with that. But uh, you know, they're 244 00:14:46,400 --> 00:14:49,520 Speaker 1: the the brewjaja that erupted for about I'd say maybe 245 00:14:49,520 --> 00:14:53,200 Speaker 1: a couple of days. Uh, sort of has subsided now 246 00:14:53,240 --> 00:14:55,520 Speaker 1: that they the government has said, you know no, no, no no, no, 247 00:14:55,600 --> 00:14:57,920 Speaker 1: don't read you know, that's not we're doing. You know, 248 00:14:58,240 --> 00:15:00,520 Speaker 1: we will continue to export these things. But it has 249 00:15:00,560 --> 00:15:02,960 Speaker 1: caused people to go, hey, you know, we really need 250 00:15:03,000 --> 00:15:05,280 Speaker 1: to step this up. Maybe we need to actually invest 251 00:15:05,320 --> 00:15:09,160 Speaker 1: in this technology. So this could mean one of many things. 252 00:15:09,200 --> 00:15:12,200 Speaker 1: For one thing, China now that I mean essentially has 253 00:15:12,440 --> 00:15:16,640 Speaker 1: the world over a pit right now, China could say, 254 00:15:17,480 --> 00:15:20,040 Speaker 1: you know what we're gonna We're gonna increase the cost 255 00:15:20,080 --> 00:15:22,120 Speaker 1: of these because there is a real value to this 256 00:15:22,240 --> 00:15:25,200 Speaker 1: material and the and the value is greater than what 257 00:15:25,240 --> 00:15:30,720 Speaker 1: we're charging and um and until that until that price 258 00:15:30,920 --> 00:15:33,480 Speaker 1: exceeds what it would be to do the mining here 259 00:15:33,640 --> 00:15:36,280 Speaker 1: in the United States or other parts of the world. 260 00:15:36,640 --> 00:15:38,960 Speaker 1: It would still make more sense to buy to to 261 00:15:39,120 --> 00:15:41,920 Speaker 1: pay up right, So the price would keep going up 262 00:15:41,920 --> 00:15:44,360 Speaker 1: and we would keep paying because we'd say, well, the 263 00:15:44,400 --> 00:15:47,560 Speaker 1: alternative is to mind it ourselves, and it's still not 264 00:15:48,240 --> 00:15:50,880 Speaker 1: cheaper to mind it ourselves. That would be to pay 265 00:15:51,000 --> 00:15:54,960 Speaker 1: pay extra money to China. UM. I'm sorry you were 266 00:15:55,000 --> 00:15:56,600 Speaker 1: about to say, well, no, I was. I was going 267 00:15:56,640 --> 00:15:58,520 Speaker 1: to get into something else that we had planned on 268 00:15:58,560 --> 00:16:01,880 Speaker 1: talking about, which was the reason that this is sort 269 00:16:01,880 --> 00:16:05,000 Speaker 1: of a sensitive issue too, is that it's not easy 270 00:16:05,320 --> 00:16:11,280 Speaker 1: to get pure uh forms of the rare earth elements um, 271 00:16:11,400 --> 00:16:15,040 Speaker 1: simply because they are most often found as oxides, so 272 00:16:15,160 --> 00:16:17,320 Speaker 1: and they're mixed in with other things that can be 273 00:16:17,360 --> 00:16:23,200 Speaker 1: mixed in with thorium and I believe uranium. So it's uh, 274 00:16:23,240 --> 00:16:25,240 Speaker 1: you know, it's something that's difficult to do, and it's 275 00:16:25,280 --> 00:16:27,120 Speaker 1: not a cheap process where you just go out and 276 00:16:27,160 --> 00:16:29,560 Speaker 1: get a shovel and a wheelbarrow and start digging it up. 277 00:16:29,560 --> 00:16:31,640 Speaker 1: So that's one of the things. Also that China has 278 00:16:31,680 --> 00:16:34,040 Speaker 1: an advantage over the rest of the world. It appears 279 00:16:34,080 --> 00:16:36,880 Speaker 1: that most of the rare earth metal deposits in China 280 00:16:37,640 --> 00:16:42,400 Speaker 1: are not accompanied by radioactive uranium or or thorium. Yes, 281 00:16:42,520 --> 00:16:44,560 Speaker 1: so they don't have to worry about radiation very much. 282 00:16:44,600 --> 00:16:46,200 Speaker 1: That's not the way it is with through most of 283 00:16:46,200 --> 00:16:48,360 Speaker 1: the world, which means that if we start mining these 284 00:16:48,440 --> 00:16:50,640 Speaker 1: rare earth metals, we have to take into consideration the 285 00:16:50,640 --> 00:16:53,920 Speaker 1: fact that there is radioactive material there as well. Yes, 286 00:16:54,200 --> 00:16:56,480 Speaker 1: so that raises safety concerns. You have to figure out 287 00:16:56,520 --> 00:16:59,680 Speaker 1: how you're going to store and or dispose of that 288 00:16:59,760 --> 00:17:03,800 Speaker 1: radioact to material. How do you separate the rare earth 289 00:17:03,800 --> 00:17:06,840 Speaker 1: metals in a reasonably safe way that's not going to 290 00:17:07,359 --> 00:17:10,680 Speaker 1: drive the cost up so much that uh. You know, ultimately, 291 00:17:10,680 --> 00:17:12,280 Speaker 1: what this can mean to you as a consumer is 292 00:17:12,280 --> 00:17:15,600 Speaker 1: that the electronics that you purchased today could end up 293 00:17:15,600 --> 00:17:19,480 Speaker 1: being way more expensive down the road once we start 294 00:17:19,880 --> 00:17:24,040 Speaker 1: hitting these these limits with the these metals. Uh. And 295 00:17:24,080 --> 00:17:27,000 Speaker 1: in China, the way that they mine these rare earth 296 00:17:27,040 --> 00:17:29,880 Speaker 1: metals can be really destructive for the environment as well. 297 00:17:30,800 --> 00:17:34,200 Speaker 1: What typically what they'll do is they'll cut down the 298 00:17:34,320 --> 00:17:37,160 Speaker 1: vegetation in an area and they'll raise up the top 299 00:17:37,200 --> 00:17:40,920 Speaker 1: soil and they use acids to leach out the rare 300 00:17:40,960 --> 00:17:44,880 Speaker 1: earth metals UM and those acids can run off into 301 00:17:45,800 --> 00:17:50,960 Speaker 1: the nearby water table. And that can kill off um plants, 302 00:17:51,000 --> 00:17:55,000 Speaker 1: and it can affect animals um it's it can it 303 00:17:55,040 --> 00:17:58,960 Speaker 1: containt water supplies. There's also some allegations that some of 304 00:17:59,000 --> 00:18:02,439 Speaker 1: these rare earth metal minds in China, for some of 305 00:18:02,440 --> 00:18:08,679 Speaker 1: the particularly rare metals, that they're actually um somewhat overseen 306 00:18:08,720 --> 00:18:14,280 Speaker 1: by a criminal element. Chinese gangs essentially are are running 307 00:18:14,320 --> 00:18:18,000 Speaker 1: these um some of these rare earth metal minds. So 308 00:18:18,840 --> 00:18:21,720 Speaker 1: that's another issue, is that when we start purchasing these 309 00:18:21,760 --> 00:18:27,159 Speaker 1: these electronic devices over here, technically we're kind of funding 310 00:18:27,800 --> 00:18:31,760 Speaker 1: a criminal organization overseas well. I would imagine too that 311 00:18:31,840 --> 00:18:35,040 Speaker 1: it's not it's probably like most industries where there is 312 00:18:35,080 --> 00:18:37,119 Speaker 1: a group and then you know some of the others 313 00:18:37,119 --> 00:18:41,159 Speaker 1: are not. And the problem is that the problem is 314 00:18:41,200 --> 00:18:45,040 Speaker 1: that manufacturers over here can't necessarily tell where they're rare 315 00:18:45,080 --> 00:18:47,479 Speaker 1: earth metals. Like it's it's not like you can go 316 00:18:47,560 --> 00:18:51,120 Speaker 1: to the rare earth metal market and get the hey, look, 317 00:18:51,160 --> 00:18:54,920 Speaker 1: this is free range thorium over your not thorium obviously, 318 00:18:54,960 --> 00:18:57,720 Speaker 1: but yes, I don't need to worry about the fact 319 00:18:57,760 --> 00:19:00,720 Speaker 1: that this metal came from this my because this mine's 320 00:19:00,720 --> 00:19:03,919 Speaker 1: a legitimate mind. There's no criminal element here there's no 321 00:19:03,960 --> 00:19:06,159 Speaker 1: way to tell, right, So it's I'm not I'm not 322 00:19:06,240 --> 00:19:09,399 Speaker 1: placing blame on the manufacturers necessarily because they have to 323 00:19:09,400 --> 00:19:11,960 Speaker 1: get the stuff from somewhere. Um, I'm just saying that 324 00:19:12,000 --> 00:19:15,439 Speaker 1: it's a bad system overall because there's no way to 325 00:19:15,520 --> 00:19:19,400 Speaker 1: know for sure whether or not. Uh, you're enabling this 326 00:19:19,440 --> 00:19:23,080 Speaker 1: criminal element of like speak. Oh man, how many times 327 00:19:23,080 --> 00:19:26,240 Speaker 1: am I gonna use that word? The sad thing is, 328 00:19:26,280 --> 00:19:29,560 Speaker 1: I think you're actually catching it by no doing an 329 00:19:29,560 --> 00:19:32,439 Speaker 1: accidentally and then catching it. I did find, as it 330 00:19:32,480 --> 00:19:36,280 Speaker 1: turns out, I didn't accidentally delete my notes. Um. Yeah. 331 00:19:36,320 --> 00:19:38,600 Speaker 1: The volume, the volume I was stunned to see was 332 00:19:39,240 --> 00:19:43,080 Speaker 1: Keith Delaney again speaking of the the direct drive wind 333 00:19:43,119 --> 00:19:46,840 Speaker 1: turbines used in wind power. Um. Because each megawatt of 334 00:19:46,840 --> 00:19:50,879 Speaker 1: electricity generated requires half a ton of permanent magnets. Wow, 335 00:19:52,200 --> 00:19:54,600 Speaker 1: I see that's all. That's a whole lot of um. 336 00:19:54,640 --> 00:19:57,199 Speaker 1: There's a whole lot of uh these rare earth manimls. 337 00:19:57,240 --> 00:20:00,640 Speaker 1: And the thing is UM to that, you know, talking 338 00:20:00,640 --> 00:20:02,800 Speaker 1: about the electronics, The cost of your electronics going up, 339 00:20:03,040 --> 00:20:05,080 Speaker 1: the cost of the electricity depending on where you live 340 00:20:05,119 --> 00:20:07,560 Speaker 1: and what's being used to generate it. Uh, cost of 341 00:20:07,560 --> 00:20:12,080 Speaker 1: electricity to power those electronics could also go up. Yeah, 342 00:20:12,359 --> 00:20:14,479 Speaker 1: So I mean it's it's something that matters to us, 343 00:20:14,480 --> 00:20:18,080 Speaker 1: but we don't normally think about it. And going back 344 00:20:18,119 --> 00:20:20,600 Speaker 1: to the green element for just a second, it also 345 00:20:20,640 --> 00:20:24,639 Speaker 1: means that going green could end up becoming much more expensive, 346 00:20:25,119 --> 00:20:29,119 Speaker 1: depending on whether or not China, uh, you know, allows 347 00:20:29,200 --> 00:20:33,840 Speaker 1: exports of these rare earth metals or the green technology. Um, 348 00:20:33,920 --> 00:20:37,160 Speaker 1: if we do start opening up more minds across the world, 349 00:20:37,200 --> 00:20:43,480 Speaker 1: it'll all depend upon how efficient those mining processes are. Uh. Otherwise, again, 350 00:20:43,520 --> 00:20:45,680 Speaker 1: we could see that this green technology, the price of 351 00:20:45,720 --> 00:20:48,919 Speaker 1: green technology may rise exponentially. So then you're getting to 352 00:20:48,920 --> 00:20:50,399 Speaker 1: a point where you're saying, all right, does is it 353 00:20:50,440 --> 00:20:56,520 Speaker 1: economically feasible to switch from a petroleum based economy or 354 00:20:56,640 --> 00:21:00,760 Speaker 1: petroleum based fuel source to renewable in g doesn't make 355 00:21:00,800 --> 00:21:04,800 Speaker 1: sense financially. And the scary thing is is if this 356 00:21:05,119 --> 00:21:07,359 Speaker 1: these prices go up high enough, the answer to that 357 00:21:07,440 --> 00:21:09,760 Speaker 1: is going to be no, it doesn't make sense financially 358 00:21:09,840 --> 00:21:13,320 Speaker 1: until it gets so bad with the the you know, 359 00:21:13,560 --> 00:21:18,880 Speaker 1: the oil situation that it almost becomes like a panic 360 00:21:19,040 --> 00:21:22,359 Speaker 1: to try and fund green technology so that you can 361 00:21:22,560 --> 00:21:26,480 Speaker 1: you know, close that gap. And one of the the 362 00:21:26,520 --> 00:21:30,800 Speaker 1: objections some people have to using oil as an energy 363 00:21:31,200 --> 00:21:35,960 Speaker 1: source is that it means that we're dependent upon foreign 364 00:21:36,119 --> 00:21:39,240 Speaker 1: countries for two in order to get our fuel right, 365 00:21:39,240 --> 00:21:42,159 Speaker 1: and that we're essentially funding some of these countries that 366 00:21:42,240 --> 00:21:47,800 Speaker 1: have anti American sentiments. So we're giving money to people 367 00:21:47,840 --> 00:21:50,000 Speaker 1: who don't like us very much, is what that kind 368 00:21:50,000 --> 00:21:53,200 Speaker 1: of boils down to, the same sort of problem happens here. 369 00:21:53,200 --> 00:21:56,199 Speaker 1: If China is the only supplier and we are have 370 00:21:56,359 --> 00:21:59,679 Speaker 1: to play by China's game, then we are giving money 371 00:21:59,720 --> 00:22:02,560 Speaker 1: to a foreign power and we're dependent upon that foreign 372 00:22:02,600 --> 00:22:06,280 Speaker 1: power for energy needs. It's no better than the oil 373 00:22:06,680 --> 00:22:09,679 Speaker 1: as far as that part of the equation is concerned. Now, granted, 374 00:22:09,760 --> 00:22:11,800 Speaker 1: there's the whole other part of it. You know, you're 375 00:22:11,840 --> 00:22:15,840 Speaker 1: not generating pollution by using this kind of power, and 376 00:22:15,880 --> 00:22:19,960 Speaker 1: that that's a totally different argument that that. You know, 377 00:22:20,000 --> 00:22:22,720 Speaker 1: you can still say, well, green technology is superior, but 378 00:22:23,440 --> 00:22:27,880 Speaker 1: from a from a dependence on foreign nation perspective, it's 379 00:22:27,920 --> 00:22:31,920 Speaker 1: the same. Yeah. And of course, uh, we're speaking from 380 00:22:32,200 --> 00:22:34,879 Speaker 1: a point of view from the United States, and many 381 00:22:34,920 --> 00:22:39,399 Speaker 1: of our listeners come from other countries, but in many 382 00:22:39,440 --> 00:22:43,080 Speaker 1: cases there a lot of them aren't importing a lot 383 00:22:43,080 --> 00:22:47,320 Speaker 1: of their rare earth metals from China and other countries too. 384 00:22:47,359 --> 00:22:49,800 Speaker 1: It's not something like in the case of Japan, apparently 385 00:22:49,840 --> 00:22:52,680 Speaker 1: there are not many. It's hot. They really are very 386 00:22:52,760 --> 00:22:55,840 Speaker 1: rare in Japan itself, and they do rely on imports 387 00:22:55,880 --> 00:22:58,560 Speaker 1: there more than they would in other countries like we do. 388 00:22:59,000 --> 00:23:03,160 Speaker 1: Apparently India is heavy a reasonably good supply and they 389 00:23:03,160 --> 00:23:06,879 Speaker 1: are are minding them themselves as well. But UM, I 390 00:23:06,920 --> 00:23:08,600 Speaker 1: don't know about a lot of the other countries around 391 00:23:08,600 --> 00:23:10,680 Speaker 1: the world. So yeah, I mean it's there's a security 392 00:23:10,680 --> 00:23:14,359 Speaker 1: situation there too, for whatever countries that may need this 393 00:23:14,520 --> 00:23:17,399 Speaker 1: for you know, I'm sure a lot of defense electronics 394 00:23:17,480 --> 00:23:20,520 Speaker 1: rely on on these medals. There was actually a report recently, 395 00:23:20,920 --> 00:23:23,840 Speaker 1: uh in the United States government from the Department of 396 00:23:23,880 --> 00:23:28,439 Speaker 1: Defense saying that, um, they were not worried about this 397 00:23:28,520 --> 00:23:31,359 Speaker 1: current situation and that they did not see it impacting 398 00:23:31,400 --> 00:23:35,400 Speaker 1: the national security. Uh. I don't know how they could 399 00:23:35,440 --> 00:23:39,880 Speaker 1: have said anything else without generating a panic. So I'm 400 00:23:39,920 --> 00:23:45,000 Speaker 1: not saying that they are being optimistic or they're painting 401 00:23:45,000 --> 00:23:48,600 Speaker 1: it a certain way. I'm just saying that, UM, I 402 00:23:48,760 --> 00:23:54,440 Speaker 1: really hope for a resolution of this problem. Well, I uh, 403 00:23:54,480 --> 00:23:57,440 Speaker 1: you know, I think it's interesting that these medals which 404 00:23:57,680 --> 00:24:00,280 Speaker 1: really have been you know, they've known about out for 405 00:24:00,320 --> 00:24:04,240 Speaker 1: a very long time. Uh, you know, I have just 406 00:24:04,280 --> 00:24:06,919 Speaker 1: sort of come into providence prominence in the last hundred 407 00:24:07,000 --> 00:24:10,479 Speaker 1: years or so, and now they are part of, you know, 408 00:24:10,520 --> 00:24:13,400 Speaker 1: one of you know, some of the more important substances 409 00:24:14,440 --> 00:24:18,600 Speaker 1: we've really Yeah, and to think that, you know, three 410 00:24:19,000 --> 00:24:21,479 Speaker 1: years ago, we had no idea what they are, and 411 00:24:21,520 --> 00:24:25,680 Speaker 1: now we depend very heavily upon them. Uh. Actually, I 412 00:24:25,680 --> 00:24:28,119 Speaker 1: guess the only hope I have otherwise is that the 413 00:24:28,119 --> 00:24:30,960 Speaker 1: whole carbon nanotube thing works out to the point where 414 00:24:30,960 --> 00:24:33,840 Speaker 1: we find out carbon nanotubes are superior for all of 415 00:24:33,840 --> 00:24:37,440 Speaker 1: these different applications. I know that, I know carbon nanotube 416 00:24:37,520 --> 00:24:41,040 Speaker 1: strength to weight ratio is insane depending on how you 417 00:24:41,080 --> 00:24:45,800 Speaker 1: align the the the graphite sheets. Oh yeah, yeah, Well 418 00:24:45,840 --> 00:24:48,400 Speaker 1: that that's another fascinating topic that maybe we can talk 419 00:24:48,440 --> 00:24:51,520 Speaker 1: about all of that. Maybe another that's again another science, Yeah, 420 00:24:51,600 --> 00:24:55,080 Speaker 1: carbonano tubes. Yes, Also it makes me want to quote more. 421 00:24:55,760 --> 00:25:01,480 Speaker 1: Yeah nano nano. Oh. Oh, I almost saw that one coming. 422 00:25:01,520 --> 00:25:04,320 Speaker 1: It was just about the hand me before it really did. Okay, 423 00:25:04,840 --> 00:25:07,240 Speaker 1: I think that that wraps up this discussion because I 424 00:25:07,280 --> 00:25:09,119 Speaker 1: don't I don't think I can talk anymore. I was 425 00:25:09,160 --> 00:25:13,800 Speaker 1: relying on the element of surprise drink. So, guys, I 426 00:25:13,840 --> 00:25:17,359 Speaker 1: hope you enjoyed this episode on Rare Earth Metals. We 427 00:25:17,440 --> 00:25:19,880 Speaker 1: will talk to you again soon. If you have any 428 00:25:19,920 --> 00:25:24,000 Speaker 1: suggestions for topics or comments or questions, you can contact 429 00:25:24,040 --> 00:25:27,040 Speaker 1: us on Twitter and Facebook are handled. 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