rare earth elements

Rare earth elements (REEs) are a group of 17 chemical elements in the periodic table, essential for modern technology. Despite their name, they are not necessarily rare but are often found together in nature and are challenging to extract economically. REEs are crucial for various applications, including electronics, renewable energy (like wind turbines and electric vehicles), and defense technologies. Their unique properties enable efficient magnetism, luminescence, and catalytic reactions, making them vital for advancements in many high-tech fields. Increasing demand and geopolitical factors have raised concerns about supply stability and sustainable sourcing for these important materials.