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In June 2000, Magnequench uprooted the production facilities for GA Powders from Idaho Falls to a newly constructed plant in Tianjin, China.

Critical materials have been described in various ways, with perhaps the clearest being the following two definitions:

A critical or strategic material is a commodity whose lack of availability during a national emergency would seriously affect the economic, industrial, and defensive capability of a country.

The critical materials are natural resources that have a threatened supply availability and are a necessity for technology that is experiencing growing demand.

The French Bureau de Recherches Géologiques et Minières rates high tech metals as critical, or not, based on three criteria:

  • Possibility (or not) of substitution
  • Irreplaceable functionality
  • Potential supply risks  

What are the Critical Materials?

In its first Critical Materials Strategy Report, the U.S. Department of Energy (DOE) focused on materials used in four clean energy technologies:

 

  • wind turbines - permanent magnets
  • electric vehicles - permanent magnets & advanced batteries
  • solar cells – thin film semi conductors
  • energy efficient lighting - phosphors

The DOE says they selected these particular components for two reasons:

  • Deployment of the clean energy technologies that use them is projected to increase, perhaps significantly, in the short, medium and long term
  • Each uses significant quantities of rare earth metals or other key materials

The DOE defines “criticality” as a measure that combines importance to the clean energy economy and risk of supply disruption.

A Report by the APS Panel on Public Affairs and the Materials Research Society coined the term “energy-critical element” (ECE) to describe a class of chemical elements that currently appear critical to one or more new, energy related technologies.
  
This report was limited to elements that have the potential for major impact on energy systems and for which a significantly increased demand might strain supply, causing price increases or unavailability, thereby discouraging the use of some new technologies.

The focus of the report was on energy technologies with the potential for large-scale deployment so the elements they listed are energy critical

Critical Raw Materials for the EU listed 14 raw materials which are  deemed critical to the European Union (EU).

Raw materials are an essential part of both high tech products and every-day consumer products, such as mobile phones, thin layer photovoltaics, Lithium-ion batteries, fibre optic cable, synthetic fuels, among others. But their availability is increasingly under pressure.”

Taking all the metals, from all three lists, gives us: 

Antimony
beryllium
Cerium 
Cobalt
Dysprosium
Europium
fluorspar
Gadolinium 
Gallium
Germanium
Graphite
Helium
Indium
Lanthanum
Lithium
Magnesium
Neodymium
Niobium
Palladium
Platinum
Praseodymium
Rhenium
Samarium
Selenium
Silver
Tantalum
Tellurium
Terbium 
tungsten
Yttrium

To view the rest of this article, please click on the link:

http://aheadoftheherd.com/Newsletter/2012/Magnequench-Has-Left-the-Building.html

 
ABOUT THE AUTHOR
Richard (Rick) Mills

Richard is host of aheadoftheherd.com and invests in the junior resource sector. His articles have been published on over 200 websites, including: Wall Street Journal, SafeHaven, Market Oracle, USAToday, National Post, Stockhouse, Casey Research, 24hgold, Vancouver Sun, SilverBearCafe, 321Gold, Kitco, Gold-Eagle, The Gold/Energy Reports, Calgary Herald and Financial Sense.

Legal Notice / Disclaimer
This document is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment. Richard Mills has based this document on information obtained from sources he believes to be reliable but which has not been independently verified; Richard Mills makes no guarantee, representation or warranty and accepts no responsibility or liability as to its accuracy or completeness. Expressions of opinion are those of Richard Mills only and are subject to change without notice. Richard Mills assumes no warranty, liability or guarantee for the current relevance, correctness or completeness of any information provided within this Report and will not be held liable for the consequence of reliance upon any opinion or statement contained herein or any omission. Furthermore, I, Richard Mills, assume no liability for any direct or indirect loss or damage or, in particular, for lost profit, which you may incur as a result of the use and existence of the information provided within this Report.


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Stockhouse publishing Ltd., owners and operators of Stockhouse.com, has established the following rules to ensure that there is no appearance of impropriety on the part of any Stockhouse Editorial writers ("Writers"). The content of Stockhouse Editorial articles (the "Articles") are the opinion of the Writer and any reliance on the content of these articles is at your sole risk. Our Writers are not registered investment advisors. You should not make any kind of investment decision in relation to Articles or stocks discussed in them without obtaining advice from a registered investment advisor.

Facts relied upon by our Writers are generally provided by the subject companies or gathered by our Writers from other public and/or private sources. These facts may be in error and if so, the opinions of our Writers may be materially different.

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Stockhouse notifies each Writer about these rules, and we rely on the integrity of our Writers to ensure that our rules are followed.

 
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