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The widest palette of rare-earth metals can be called rare only conditionally, since most of the elements known to science have already received quite wide application in modern technology, as well as in industry. But there are also metals that are very expensive. Their high price is caused by the following two factors.
The answer to this question is known to those who create and develop innovative devices with the help of which the continuous process of nanotechnology development is going on. Now, let us briefly tell about each of the elements and their properties.
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4% Daily For 45 Days (180%),
6% Daily For 25 Days (150%)
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Someone may be wary of the fact that the market of rare earth metals is one of the youngest. But any doubts about it are simply caused by a shortage of information. Please rest assured that this segment of the market is really growing at a pace that is surprising to world-famous economics experts, and in any case this is a true.
Since 1968, the world volume of extract and also use of rare-earth metals increased by 25 times, having shown unprecedented breakthrough. Moreover, forecasts show even brighter perspective. In the next 1-2 years, global demand for rare-earth metals will add another 150%, breaking through the mark of 200,000 tons per year.
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This article is writing 07 Mar 2019 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258
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