07.12.2011 - Rare earth metal shortage a 'ticking time-bomb'
A "ticking time-bomb" looms over several core manufacturing industries, experts have warned, due to a growing shortage of "rare earth" metals. Accounts PricewaterhouseCoopers said business leaders in sectors including automotive, chemicals, and energy fear they will be the hardest hit as commodities such as Beryllium, Cobalt and Flurospar become scarcer. The metals are are used as components in items ranging from military equipment to automotive rechargeable batteries...............................................Full Article: Source
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