North Dakota companies research rare earth elements supply
July 6, 2017
BISMARCK, N.D. (AP) — North Dakota coal companies are looking into solving the nation's supply problem of rare earth elements.
Rare earth elements make up a $7 trillion market and support $500 to $600 billion in other industries globally, The Bismarck Tribune (http://bit.ly/2uJndKr ) reported.
Magnets, hard drives, alloys, batteries, lasers, wind turbines and solar panels depend on rare earth elements — and could, in turn, depend on lignite coal.
"They're used in pretty much all of our modern electronics," said Steve Benson, associate vice president for research at the Energy and Enviro...