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Researchers at the University of Cambridge, in collaboration with colleagues in Austria, report that tetrataenite, a “cosmic magnet” that takes millions of years to develop naturally in meteorites, can potentially be used instead of rare earth materials in magnets. Previously, attempts to make tetrataenite in the laboratory have depended on extreme and impractical methods, but […]
The real reason why this news is important is that rare earth materials are critical to making the permanent magnets that are an essential component of the electric motors that the transition to an emissions free economy depends upon.
The sticking point is that China, with it predilection for dominating so many of the manufacturing processes for making electric vehicles, solar panels, and other critical technologies needed to address an overheating planet, controls over 80% of the world market for rare earth elements.
We know the danger of allowing tyrants in Saudi Arabia and Russia to control our access to fossil fuels. That experience suggests letting China be the gatekeeper for the new technologies we need to transfer away from relying on fossil fuels may be similarly fraught with danger in the future(..)
P.S. A very interesting discovery! It can be very useful to get rid of China's monopoly…
Joy Division - Collection of non-remastered Japanese Editions (1993, 1995)
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