The OEM world is changing rapidly, and the OEM enterprise has to run if it's not going to be left behind (and left out). We thought about the most important changes that are coming -- and the most effective way to show them. What we came up with was... cats.
As everyone on the Internet knows, cats are the ultimate way to illustrate pretty much everything. So here we are, with four huge trends that IT executives in the OEM world need to have at the top of their "things to have under control" list -- and incredible illustrations to match. Just click on the image below to get started...
@mdmconsult I fear we know so little about our planet that we do not really know how much of anything we really have.
In UK we are now using fracking to get more gas out of the ground. It is not natural.
@Anand Right. identifying solutions will enable global leadership and benefit R&D to solve challenges existing with rare metal shortage. R&D spending means more growth returns as well by leveraging R&D is capitalizing on research.
@Sara- it certainly feels that way sometimes. Especially when you add human rights issues to it. But the UN and the US have a funny way of defining human rights so that deplorable is OK but horrific isn't. I guess you have to stop the horror before you can stop the deplorable, but geeze.
@Sara- conflict materials are those that are mined in the midst of armed conflict and human rights abuses. One of the best examples is the Congo where multiple official and unofficial paramilitary groups fight over the natural resources. The resources are smuggled out of the country and used to finance the continued war.
@Anand- Interestingly enough, rare earth metals aren't rare. They are just not concentrated. So unlike iron or something which you can remove in great chunks, the hard part of rare earth metal mining is taking small amounts from large areas. It requires using chemical solvents to remove small amounts of rare earth metals from larger rocks. It is an envronmental nightmare that countries like the US were happy to foist off on others until they became so darn important to the economy.
The Department of Defense deemed them a strategic resource and the US has been working to open (and re-open) mines since. The first opened in California in June of this year. Several more in Alaska will re-open this year.
Other countries (Canada, Malasyia and several Euopean countries) are ramping up production, too. Currently China produces 95% of the rare earth metals in the world, but that number will steadily drop over the next decade.
US is sitting on large deposits of rare earth metals, but until very recently, we've never mined them because we could buy them cheaply abroad.
@David, I never knew US had large deposits of rare earth metals, I was under the assumption that most of the rare earth metals are deposited in China region. By when do you think US will start mining those reserves ?
Good stuff Curt. Question, though. What do you mean by conflict minerals? "First, more and more government agencies and customers are requiring sourcing information on raw materials to make sure that no embargoes are broken and no "conflict minerals" are in use.
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