Modeling Rare Earth Chemistry in OLI Platform V10 for Sustainable Separation Process Design
Rare-earth elements (REE), a family of 17 elements in the periodic table starting with lanthanum and ending with lutetium along with yttrium and scandium, are necessary components for more than 200 products across a wide range of applications. These applications include high-performance magnets used in wind turbines and generators, industrial automation, computers, audio systems, and automobiles, smartphones and devices, battery alloys, phosphors, high-performance metal alloys, automobile, and petroleum refining catalysts, polishing powders, glass additives, ceramics, defense-related and medical equipment. In 2019 alone, China manufactured $1 trillion worth of products from its rare earth material supplies. Due to increasing adoption of smart and environmentally sustainable technologies such as smartphones, watches, wind energy and electric vehicles, high growth rates are projected for the demand of some of the REEs (i.e., neodymium, europium, dysprosium, terbium, and yttrium).
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