Rare earth metals (ARCHIVED)
This information paper is out of date and held on isurv for information purposes only.
This information paper describes the importance and increasing scarcity of rare earth metals - little known but highly significant to renewable energy, lighting, transportation and urban development. Examined from a point of view highly relevant to RICS members and other property professionals operating within the UK, the paper also highlights potential issues arising from a global shortage.
The scale of the problem is explored in the context of the increased urbanisation of several global regions and the mounting pressure to extract these resources through mining, with considerable environmental implications. As chartered surveyors have a role in seeking out materials, products and technologies, developing and implementing strategies to minimise the loss of these materials and extending their life and recovery remains vital.