Trans-Pacific View author Mercy Kuo regularly engages subject-matter experts, policy practitioners, and strategic thinkers across the globe for their diverse insights into U.S. Asia policy. This conversation with Ryan Castilloux – Managing Director of Adamas Intelligence, a Canadian independent research and advisory firm focused on strategic metals and minerals – is the 198th in “The Trans-Pacific View Insight Series.”
Explain the strategic importance of rare earth elements in U.S. commercial and military technology.
From a commercial standpoint, the rare earth lanthanum is used in the U.S. to produce fuel cracking catalysts that break down crude oil into lighter hydrocarbons like gasoline, diesel, and kerosene.
Similarly, neodymium, praseodymium, and dysprosium are used to produce high-strength permanent magnets that are critical enablers of electric vehicle traction motors, wind power generators, energy-efficient appliances, consumer electronics, and an ever-growing list of other modern technologies.