Excerpt: “The Department of Defense announced today a $4.22 million award to Rare Earth Salts in Beatrice, Nebraska for developing and expanding production of terbium oxide from recycled fluorescent light bulbs. Terbium is an essential element for rare earth magnets in many key defense systems. … Terbium adds temperature resiliency to neodymium iron boron (NdFeB) magnets used in multiple key defense systems including aircraft, submarines, and missiles. Making up less than 1% of the total rare earth content in most deposits, it is one of the hardest elements to source. Rare Earth Salts is uniquely positioned as one of the only terbium oxide producers outside of China and uses environmentally conscious recycling processes.”
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