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Future production woes in tehnology

< >The report by Prof.Thomas Gredel points to the scarcity of rare

earth materials.He claims that out of the 62 minerals 12 had no

alternatives when the mines will go empty.He further states that the

rest have alternatives but cannot work at their best with existing

technologies.< >China is the mining giant of rare earth materials.It

controls 80percent of the world's production.However it has come under

criticism in 2010 for its restriction for exportation of this precious

resource.The consequences are skyrocketing of prices upto five times

the normal whereas local companies in China were offered low costs.<

>Prof.Gredel said,''As weath and production increases worldwide

scientists will be challenged to maintain production quality by

designing new and better materials but doing so under potential

constraints in resource availability''.< >This attests to the fact the

precious minerals could face distinction in the future as a result of

high demand for gadgets amongst the population which increases the

production rate.< >

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