Rare earths are very significant when it comes to the development and use of technical equipment as they can be very important to the performance of the unit. An example of an everyday piece of technology that uses rare earths is the IPhone. Apple has said that the IPhone uses eight rare earths, from everything from the colored screen, to speakers, to the miniature circuits inside the phone. Although the amount of rare earths in the phone is very little, the demand for rare earths will continue…