Don't panic over rare-earths, says The Switch

Jukka-Pekka Mäkinen, chief executive of The Switch

The wind industry no longer needs to fret about the global supply of rare-earth metals, insists Jukka-Pekka Mäkinen, chief executive of The Switch.

Rare-earth metals are critical to the production of a number of high-tech products, including permanent-magnet generators (PMG) for wind turbines, of which Finland's The Switch is a leading supplier.

The price of rare-earths surged in early 2011 on fears that China had begun clamping down on their export in order to protect its own high-tech industries.

The spike prodded new non-Chinese producers into the sector, such as Molycorp, and led some in the wind business to question the future of permanent-magnet direct-drive turbines.

But those questions have now Log in to read complete article.

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