ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Why Are Rare Metals Important? The New Resources Defining the Age of Technology

When the Eiffel Tower was built, it required 7,000 tons of steel. Today, if a small amount of the rare metal niobium is added to each ton of steel, replicating the Eiffel Tower would require 5,000 fewer tons of steel.

An electric toothbrush vibrates 31,000 times per minute, driven by a tiny magnet made with rare metals such as neodymium and dysprosium.

An F-35 fighter jet uses 920 pounds (approximately 417 kilograms) of beryllium, gallium, lithium, and tantalum. A quarter of its airframe is made of titanium.

We have quietly entered a new era—the age of rare metals. The products we use every day, from smartphones to cars, rely heavily on hard-to-obtain metals.

Each era has its specific resources: iron-shaped weaponry; coal, oil, and gas provided light and electricity. Now, rare earth elements, indium, and tungsten play crucial roles. Rare metals are the foundation of modern high technology, green industries, and military manufacturing.

Since its inception, the iPhone has gradually incorporated nearly half of the elements found on Earth. These metals have made iPhones smaller and more powerful:

For instance, indium acts as an invisible connection, serving as a transparent conductor between the screen and the user’s fingers;

Europium and terbium produce vibrant red and green colors on the screen, while tantalum regulates the phone’s electrical energy.

Manufacturing iPhone components also requires rare metals: cerium polishes glass to a molecular-level smoothness.

Rare metals are everywhere in our lives, from towering bridges to earbuds. They are in camera lenses, sofas, computers, cars, and bridges. They are rarely used alone. Like yeast in pizza—without that small amount of yeast, there would be no pizza; without rare metals, there would be no high-tech world.

When we say rare metals are "rare," it doesn’t necessarily mean they are geologically scarce. Rather, they are used in minuscule amounts and are extremely difficult to refine and synthesize. The annual global consumption of each rare metal is only a few hundred or thousand tons—enough to fit in a single railroad car.

In comparison, copper production reaches 1.4 million tons per year. To obtain just one ounce of rhenium, 120 tons of copper ore are required, and extracting lithium from brine takes one to two years. Thus, what is truly scarce are metallurgists, as these metals are chemical creations rather than materials that can be directly mined.

Until 150 years ago, almost all materials in ordinary households came from nearby quarries or forests. By the 1960s, with the emergence of more advanced supply chains and increased demand for consumer goods, the average American home used about 20 elements.

In the 1990s, Intel used only 15 elements to manufacture chips. Today, the company’s products require nearly 60 elements. While Edison’s lightbulb contained just one metal filament, today’s LED bulbs are more akin to computer hardware, utilizing rare elements such as gallium, indium, and rare earth elements.

The American Chemical Society has found that by the next century, 44 out of the 94 naturally occurring elements will face supply risks. Rare metals are key components of green technologies such as electric vehicles, wind turbines, and solar panels. They enable the conversion of free resources like sunlight and wind into electricity. However, if the current supply capacity does not improve, there will be no opportunity to develop the green technologies needed to mitigate climate change.

Media Contact
Company Name: Stanford Advanced Materials
Email: Send Email
Country: United States
Website: https://www.samaterials.com/

Recent Quotes

View More
Symbol Price Change (%)
AMZN  233.22
+4.06 (1.77%)
AAPL  278.85
+1.30 (0.47%)
AMD  217.53
+3.29 (1.54%)
BAC  53.65
+0.66 (1.25%)
GOOG  320.12
-0.16 (-0.05%)
META  647.95
+14.34 (2.26%)
MSFT  492.01
+6.51 (1.34%)
NVDA  177.00
-3.26 (-1.81%)
ORCL  201.95
-3.01 (-1.47%)
TSLA  430.17
+3.59 (0.84%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.