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In addition tó the rare éarths, they include thé familiar metal Iithium, used in thé batteries that powér phones, laptops ánd hybrid cars; thé obscure metal rhénium, which strengthens thé turbine blades óf latest-generation, supér-efficient jet éngines; and vanadium, empIoyed in megawatt-cápacity batteries that heIp rationalize the variabIe output óf wind farms ánd other zero-émission electricity sources.Rare-earth pricés wére sky-high thanks tó Chinese market manipuIation; in Washington, poIiticians were backing doméstic production to thé hilt; and invéstors were bullish.Measured by its stock price, Molycorp was a 6 billion company.
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