Rare Earth Elements

Growing demand for REEs is based on their unique physical and chemical properties, which make them essential to many scientific applications.
REEs are used in many alternative energy technologies such as fuel cells, rechargeable batteries, hydrogen storage and permanent magnets used in hybrid electric vehicles.

Source: Great Western Minerals Group Ltd.

Energy efficient lighting, pollution-reducing autocatalysts, LCD and plasma flat-panel displays are examples of other applications.
Saskatchewan hosts significant rare earth resources at Hoidas Lake and potential resources are identified at Douglas River.
China controls over 97% of the world’s supply of the rare earth elements and they require more than they produce internally.
Manufacturers outside of China will eventually need alternate sources of rare earths.