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Radify-s-sci-fi-plasma-reactors-could-break-china-s-dominance-of-rare-earth-elements
Radify Metals is developing plasma reactors that could significantly impact China's dominance in the rare earth elements market. Their innovative plasma-based technology aims to convert metal oxides into pure metals with minimal environmental impact, producing only water vapor as a byproduct. This approach is expected to enhance production efficiency and flexibility, allowing for the adaptation to changes in demand or pricing set by China. Radify's reactors are currently focused on dysprosium and neodymium, key elements used in magnets and electronics, but they are also exploring the potential for other metals like hafnium and titanium. By focusing on lower emissions and flexible production, Radify Metals seeks to become a formidable competitor to Chinese producers, who currently command higher prices for rare earths. The company has raised nearly $3 million from investors and is refining its technology at a laboratory in Campbell, California, with plans to increase output to several kilograms per day by year's end. If successful, Radify's approach could reshape the global supply chain for rare earth elements, reducing dependence on a single country and potentially leading to more competitive pricing and availability.
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