CLEAN TECH: DOE to Craft Strategy on Crucial Rare-Earth Minerals | NDN
 

CLEAN TECH: DOE to Craft Strategy on Crucial Rare-Earth Minerals

Summary posted by Meridian on 3/18/2010
Source: Environment & Energy News PM
Author: Katie Howell

The United States Department of Energy (DOE) this week announced plans to develop a strategy for assuring United States access to 17 rare-earth metals critical to the growth of clean energy technologies. These metals are necessary components of wind turbines, energy-efficient light bulbs, catalytic converters and hybrid car components. The metals, while relatively abundant, are difficult to extract, and half the global reserves are located in China, a country that will not be able to meet its domestic demand for such minerals within about two years. David Sandalow, DOE's assistant secretary for policy and international affairs, said "[T]here's no reason to panic, but there's every reason to be smart and serious as we plan for growing global demand for products derived from strategic materials. The United States intends to be a world leader in clean energy technologies, and to support that effort, we're shaping the policy...to help prevent obstruction of supply and materials needed for those technologies." Sandalow said the DOE will pull together a strategic vision that will assess ways to diversify the global supply chain, develop substitutes for the metals, and promote recycling, reuse and more efficient use of the rare-earth minerals. In a related development, Representative Mike Coffman (R-Colorado) introduced a bill, H.R. 4866, that would authorize a series of new assessments and programs in an effort to secure a domestic rare-earth mineral supply chain http://www.eenews.net/EEDaily/rss/2010/03/18/9. The article can be viewed online at the link below.

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