Rare earths are a group of17 chemical elementscomposed of scandium, yttrium, and lanthanides.
But despite their environmental hazards, they are crucial for the manufacture of numerous high-tech products.
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LKABs discovery, however, could be a game changer.
We need to strengthen industrial value chains inEuropeand create real opportunities for the electrification of our societies.
Politics must give the industry the conditions to switch to green and fossil-free production, she noted.
In the same line of thought, EU Commissioner Thierry Breton underlined the need for action.
Supply of raw materials has become a real geopolitical tool.
Story byIoanna Lykiardopoulou
Ioanna is a writer at TNW.
With a background in the humanities, she has a soft spot for social impact-enabling technologies.
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