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Well, rare earths are not all that rare. I think the actual short term problem is actually Lithium. AFAIK the only economically feasible producers are Chile and Bolivia. But I actually don't believe these crises are all that bad: if the electric vehicle market becomes large enough, we'll find a way to use another more abundant resource.

Related link: http://www.forbes.com/forbes/2008/1124/034.html



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