SOURCE: LITHIUM FACTS, RARE METAL INVESTMENT

Below you will find an overview of rare earth elements and their uses. Many of these rare earth metals are used in high tech industries and clean technology like lithium’s application in car batteries. Some are more rare than others, but most often prospecting of these metals is a very expensive and high effort undertaking. The complete rare earth metals list:

Cerium (Ce)
The element Cerium is used as a catalytic converter for diesel engines. It is therefore widely used in todays automotive and high- end industrial sectors.

Dysprosium (Dy)
Rare earth metal Dysprosium is used in the creation of hybrid car engines as it’s use improves the efficiency of the electric engine.

Erbium (Er)
Erbium is used in fiber optics.

Europium (Eu)
The metal Europium is used in flat screen displays and lasering equipment like LED, LCD and lasers.

Gadolinium (Gd)
Shielding of compact discs, dvds, blu ray discs often consist of Gadolinium. The rare earth metal is also used for nuclear reactors.

Holmium (Ho)
Of the rare earth metal, homium is a very high- end metal used in powerful magnets and nuclear control rods.

Lanthanum (La)
Element Lanthanum is used in optical lenses and batteries.

Lithium (Li)
A metal used in hybrid and electric car batteries, lithium is an increasingly valuable metal.

Lutetium (Lu)
In oil refining the rare metal Lutetium is often used to make the oil refining process more efficient.

Neodymium (Nd)
Rare earth metal Neodymium is used in hard disks and powerful magnets.

Praseodymium (Pr)
In aircraft engines, Praseodymium is used as an alloying agent.

Promethium (Pm)
Promethium is a very rare metal used in nuclear batteries and X- ray devices.

Samarium (Sm)
Also an appliance used in nuclear technology, Samarium is often used in nuclear reactor safety appliances and laser equipment.

Terbium (Tb)
The metal Terbium can be used in low- energy light bulbs.

Thulium (Tm)
Just as Promethium, Thulium is often used in portable X- ray devices. The rare earth metal is also used in lasers.

Ytterbium (Yb)
A very rare chemical, Ytterbium is applied in earthquake monitoring equipment as well as home appliances like energy saving light bulbs.