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Through a Strategic Alliance with Brazilian Fidelity Investments Limited, GovTec has access to the strategic resources of Brazil's Rare
Earth elements.
Showing the essential applications for Rare Earth minerals, the United States National Academies, Division of Earth and Life Studies report
titled, 'Critical Mineral Impacts on the US Economy' – outlines the critical nature of these elements in technology:
Application: Catalytic Converter Substrates (Current)
Benefit: Lead pollution control
Elements: Cerium and Lanthanum
Substitutes: None known
Application: High Strength Magnets (Current)
Elements: Neodymium (NeBFe) and Samarium (SmCo)
Benefits: MIR, High Speed Rail, CRT monitors, TVs, brushless DC motors, power meters, modern welding gear and engine ignition timing systems,
and electromagnetism has a hand somewhere in making practically every other electronic device work.
Substitutes: None that give similar performance
Application: Advanced Battery Technology (NiMHy) (Current-Future)
Element: Lanthanum
Benefits: Hybrid cars, electric buses, electric sedans, electric motorbikes, electric bikes, and vessels, portable medical equipment, including
telemedicine, mobiles, wireless earphones, MP3players, digital cameras, laptop, portable DVDs, PDAs. Mining industry, machinery.
Substitutes: None that give similar performance
Application: Display Phosphors (Current)
Elements: Europium and Others
Benefits: LED Monitors, Plasma TV
Substitutes: None that give similar performance
Application: Magnetic Refrigeration (R&D – Ames National Labs.)
Element: Gadolinium
Substitutes: None
Supply and Demand:
The National Academies concluded Rare Earth elements are critical to power the current world economy and imperative to future technology,
finding the absence of Rare Earth elements would result in a 'technology loss' via:
- Shortages that would stop production
- Price increases may limit commercial applications
- Limit/stop development of a needed technology
World Supply (2006) of Heavy Rare Earths (Ionic Clays) and Light Rare Earths (by-product of Iron mining) was 123,000 Metric Tonnes.
REO Content is typically 44%. CIMM RE oxide content measures at 54.7%, enabling superior returns for superior product.
Currently China (97.6%) and India (2.2%) are the producers of Rare Earth to the world markets. The sole US producer closed mining operations
in 2002. US Import reliance = 100%
The Brazilian Government had previously prohibited the export of Rare Earth, being classified as 'national resources'. However, permission
has now been granted for export.
GOVTEC IS UNIQUELY POSITIONED TO SUPPLY YOUR EXPORT NEEDS.
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