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FAB LAB. Imprimantes 3D. FabLab & 3D Printers. DIY - Objets Digitaux - Fab Lab. Smart Grid. Smart Power Grid Group News. Recent predictions that a critical shortage of rare earth metals is coming are, unfortunately, proving true.
While China, which provides about 95% of the world's supply of rare earths, has said it will continue to supply the world with the metals, it cut its second-half exports by 72% in July and a Bloomberg news report quotes industry insiders as saying further restrictions are on the way. Those restrictions will undoubtedly have a nasty impact on smart grid technologies. Rare earths are used in everything from wind turbine and EV magnets to consumer electronics and smart bombs. Jeff Green, president of J.A. Green & Company LLC gave a bleak assessment in the Bloomberg article. TIC. Réalité augmentée.