The push for alternative energy is expected to cause worldwide demand for some rare earth minerals to rise dramatically, and a new report is warning that the supply will fall dramatically short in the next few years.
According to Adamas Intelligence, the global demand for NdFeB magnets is expected to grow at a compound annual growth rate (CAGR) of 7.5 percent. This will be driven largely by double-digit growth in the wind power and electric car sectors. As a result, the demand for the rare earth elements that are associated with these magnets – terbium, didymium and dysprosium – is also expected to rise significantly.
Rare earth elements are those belonging to a group of 17 metallic elements that play a prominent role in modern technology. Rather than being rare in the strictest sense of the word, they are very difficult to extract from the earth […]
Read the Whole Article From the Source: www.naturalnews.com
It’s becoming increasingly clear that fiat currencies across the globe, including the U.S. Dollar, are under attack. Paper money is losing its value, translating into insane inflation and less value in our life’s savings.
Genesis Gold Group believes physical precious metals are an amazing option for those seeking to move their wealth or retirement to higher ground. Whether Central Bank Digital Currencies replace current fiat currencies or not, precious metals are poised to retain or even increase in value. This is why central banks and mega-asset managers like BlackRock are moving much of their holdings to precious metals.
As a Christian company, Genesis Gold Group has maintained a perfect 5 out of 5 rating with the Better Business Bureau. Their faith-driven values allow them to help Americans protect their life’s savings without the gimmicks used by most precious metals companies. Reach out to them today to see how they can streamline the rollover or transfer of your current and previous retirement accounts.
