By lowering the use of
expensive rare earth metals, the cost of the new batteries has been reduced by about 30 percent.
Not exact matches
Platinum, one of the
rarest and most
expensive metals on
Earth, may soon find itself out of a job.
According to Ford, the new batteries could also reduce the company's use of
expensive, less - abundant
rare earth metals by up to 500,000 pounds a year.
Most investments in stocks involved in
rare earth metals are quite
expensive.
The need to eliminate our dependency on
expensive platinum and other
rare -
earth metals is why the U of C breakthrough is potentially game - changing.