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US Gives $120M For Lab To Tackle Rare Earth Shortages
coondoggie writes "With China once again playing games with the rare earth materials it largely holds sway over, the U.S. Department of Energy today said it would set up a research and development hub that will bring together all manner of experts to help address the situation. The DOE awarded $120 million to Ames Laboratory to set up an Energy Innovation Hub that will develop solutions to the domestic shortages of rare earth metals and other materials critical for U.S. energy security, the DOE stated."
According to an article in Popular Mechanics (page 60, January 2013 issue) a company called Molycorp is running a re-opened rare earth mine in the Mojave Desert, forecasting "By mid 2013 the mine will have the capacity to produce 40,000 metric tons anually".
Not so much about cheap labour as it is about less stringent environmental standards. The biggest cost of rare earth mining is keeping it as clean as regulations require and China has large areas which are completely and utterly poisoned by rare earth mining.
That's in fact one of the reasons (and the main official reason) why China is currently restricting rare earth exports. Mining and refining rare earths is a very toxic process.
The other idea that gets thrown around a lot is to make them in a reactor. I used to work at a DOE facility where every year or so we would be asked about this specific problem and if we couldn't just make X isotope. Sure you can make all kinds of elements through transmutation, but the volume of production is just not very high unless you have massive amounts of infrastructure to create them (lots of reactors specifically for the task) and for most things special chemical facilities to separate all of the various radioactive stuff out (if you put in a specimen X you don't just get 100% of Y after a certain amount of time, and because of special DOE moratoriums it would be nearly impossible to "free release" any of this material for commercial/industrial use). That is why generally speaking it only makes sense to produce a limited number of elements in this manner, usually ones you don't need a lot of and ones you specifically want to be radioactive (there are some medical isotopes and cobalt sources for imaging where this does make sense and is done).
GENERATION 27: The first time you see this, copy it into your sig on any forum and add 1 to the generation.
I agree on all points but that of oil. Fracking depends on high oil prices, otherwise it isn't economically viable (don't expect the price of gas or oil to come down). As well, those fracked wells show much faster production declines than traditional oil wells, on an individual basis they decline pretty fast. Environmental concerns are also pretty big, may as well be mining rare earths...
For more info regarding fracking and the "more oil than Saudi Arabia" propaganda (at best that's what it is, at worst it is completely uninformed...), this article goes over the basics:
http://www.theoildrum.com/node/9753
The Oil Drum has many other more detailed articles as well.
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