Researchers Build First Molybdenite Microchip
An anonymous reader writes "A Swiss team may have found an alternative to silicon microchips which could result in smaller, more flexible and less energy hungry processors. The Swiss team's chip does not use silicon, but molybdenite (MoS2) a dark-colored, naturally occurring mineral that is able to be used in much thinner layers (paywall)."
This has already been reported: http://science.slashdot.org/story/11/01/31/021258/molybdenite-as-an-alternative-to-silicon
And yes, they're the same. They link to the same Nature Nano article...
I tend to agree, however, keep in mind:
Silicon is abundant. Highly pure silicon is not. You need the latter for microchips.
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Molybdenum is not a rare earth element (lanthanoid), it's a transition metal.
And rare earth elements are not neccessarily rare.