Resource thumbnail Light rare-earth elements are found in Queensland, Australia and are increasingly used in green technology, thanks to their special properties. The rare-earth elements are a group of chemical elements that exhibit a range of special (even unique) properties are used in many modern technologies. The LREE group includes strategic elements that have only recently been exploited in significant quantities. They are now attracting interest because of likely new sources and their potential use in new technologies. Economically, global REE production is estimated at 112,500 tonnes, worth 4 to 6 billion dollars. However, technologies that rely on these elements are worth many trillions of dollars.
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