LOS ANGELES, Jan. 7, 2014 /PRNewswire/ -- There will be no more "Made in the USA," with millions of jobs lost if the United States doesn't start mining and stock piling certain strategic metals, according to Haley Ryan, co-director of the Academics & Periodicals Department at American Elements, the global chemical and metals manufacturer which published the list. Today the company released its annual top five Endangered Elements List (EEL) of metals that can upset American Industry.
American Elements funds preparation of an annual EEL to help manufacturers, the government and consumers better understand the gravity of the situation. Twenty-first century metals such as copper, iron, nickel and tin have given way to critical metals, particularly the rare earths, of which the US mines almost none.
"Today China mines a whopping 97 percent of all global rare earth production. America no longer has the resources to manufacture the things we invent," says Ryan. "Advanced metals like Neodymium and Dysprosium have become essential to thousands of household goods including computers, cell phones and cars. If we lose access or run out of these elements, there will be no more 'made in the USA.' "
According to American Elements CEO Michael Silver, this list goes to America's fundamental ability to generate prosperity, create jobs, defend itself and compete in the global economy. He adds, "Innovation is in fact only the starting point. To manufacture the products flowing from great ideas, a nation must also have access to the critical materials on which the discoveries are based."
The 2013 Endangered Elements List (EEL) describes this year's top five metals that can affect America.
2013 ENDANGERED ELEMENTS LIST
American Elements is the world's manufacturer of engineered & advanced materials with corporate offices and primary research & laboratory facilities in the United States and manufacturing & warehousing in the United States, China, Mexico and the United Kingdom. http://www.americanelements.com
SOURCE American Elements