Tesla and the rapid growth of wind farms the world over are placing great strains on the availability of dysprosium; a metal that is mined and refined almost exclusively within China as a key component of high end electrical motors. At just 1% of the recovered metals from these rare earth ores the paltry yield leaves dysprosium being quite expensive when all is said and done. A kilogram can easily cost over a thousand dollars (surpassing silver at the time of this writing) and the trend is pointing steadily upwards in step with the growth in all things green tech.
Tesla and the rapid growth of wind farms the world over are placing great strains on the availability of dysprosium; a metal that is mined and refined almost exclusively within China as a key component of high end electrical motors. At just 1% of the recovered metals from these rare earth ores the paltry yield leaves dysprosium being quite expensive when all is said and done. A kilogram can easily cost over a thousand dollars (surpassing silver at the time of this writing) and the trend is pointing steadily upwards in step with the growth in all things green tech.
