Rare earth elements in the ocean floor

Rare earth elements are important to technologies like cell phones, televisions, fluorescent light bulbs and wind turbines. And the mother lode of rare earth elements is in the ocean floor.

Mojave Desert mine could help reduce dependency on rare earth imports

Demand for rare earth metals in high-tech products is higher than ever, as they are used in everything from smartphones to missiles. Indeed, the price of some rare earth elements skyrocketed by 500% over the last year.