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General characterization of rare earth elements

Author

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  • Emilian M. DOBRESCU

    (Romanian Academy)

Abstract

For the first time in economics use this phrase - "rare earth economy" as a discipline border, which is holding up the subject of the Economy as General Science, to the subject of this new frontier scientific disciplines - economics RARE EARTH - studying production, distribution, circulation and consumption of earth rare. This border is a science derived from Economics, whose object of study is rare earth production and use economy.On the Planet, over a quarter of new production technologies using rare earth economic goods, which are also called critical minerals and industries that rely on precious items worth an estimated nearly 5 trillion dollars, or 5 percent of world GDP. In the near future, competition will increase and local economic competition for control of rare earth minerals embedded in high-tech products. Rare minerals are in the twenty-first century what oil accounted for the twentieth century and coal XIX century: the engine of a new industrial revolution. In the periodic table, created by Russian scientist Mendeleev, you can see the position of rare earth - they occupy places from 57 to 71 of Table. Rare earth metals are a group of similar properties that include scandium (21Sc), yttrium (39Y) and 15 lanthanides, all chemicals are not rare, but highly reactive.

Suggested Citation

  • Emilian M. DOBRESCU, 2012. "General characterization of rare earth elements," THE YEARBOOK OF THE "GH. ZANE" INSTITUTE OF ECONOMIC RESEARCHES, Gheorghe Zane Institute for Economic and Social Research ( from THE ROMANIAN ACADEMY, JASSY BRANCH), vol. 21(1), pages 25-32.
  • Handle: RePEc:zan:ygzier:v:21:y:2012:i:1:p:25-32
    as

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