Wednesday, September 26, 2012

Ford Reducing Use of Rare Minerals

Ford is making strides to make their Hybrids more efficient and more cost effective eliminating minerals such as: Neodymium, cerium, lanthanum and praseodymium – rare earth metals used in the manufacture of nickel-metal-hydride batteries for hybrid vehicles.

Now lighter, more efficient, more powerful batteries are expected to reduce the company's use of rare earth metals by up to 500,000 pounds a year including dysprosium, the most expensive rare earth metal, which has reduced around 50 percent in the new lithium-ion batteries now powering Ford hybrids.

Get more info on how Ford is making a better tomorrow by visiting: http://rareearthinvestingnews.com/8039/ford-rare-earth-elements-electric-vehicles-lithium-ion-batteries/.

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