BDI warns of commodity shortfall

BDI warns of commodity shortfall
The terminal is selectively''commodity''as already


Gallium is required, among other things, in the production of components for mobile phones.

German industry warns of a dramatic gap in the supply of commodities. ''The situation has deteriorated, the existence of some companies at risk,''said the president of the Federation of German Industries, Hans-Peter Keitel, the opening of the BDI-commodity-Congress in Berlin. Free access to raw materials is indispensable for German competitiveness. ''The situation has not improved but deteriorated,''said Keith. There was a risk that our manufacturing industries''go to where there are the raw materials on site,''said Keith.

rare earth element commodities

Rare earths or rare earth elements (REE) is a collective term for 15 metals of the periodic table, called lanthanides, and the metal yttrium.

These metals have very specific characteristics which makes it especially in the field of environmental technology indispensable. SEE find some use in catalytic converters, hybrid engines, energy-saving bulbs and wind turbines. In addition, they have become indispensable for many high-tech applications, from PC hard disks on flat screens to iPods. 95% of REE are mined in China.