Tuesday, January 5, 2010

Precious Metals That Could Save The Planet

The Rare Earth Research Institute is in Baotou City, above,
in the Autonomous Region of Inner Mongolia, China


From The Independent:

Rare earth elements are driving a revolution in low-carbon technology. Cahal Milmo reports on the commodity that has become the new oil.

Baotou was of little interest to the outside world for millennia. When one of the first visitors reached its walls in 1925, it was described as "a little husk of a town in a great hollow shell of mud ramparts". Some 84 years later, this once barren outpost of Inner Mongolia has been transformed into the powerhouse of China's dominance of the market in some of the globe's most sought-after minerals.

Read more ....

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