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Rare earth elements massively improve energy efficiency and conductivity of metals. Yet rare earth are some of the most toxic and difficult materials to mine, and most are controlled by China. This article provokes consideration of both the need for developing super-efficient electronics with the costs associated in mining, as well as geo-political factors related to minerals extraction.

MIT's Technology Review has just gotten news of a mysterious new project that claims it will "create a new industry and a new definition of 'natural resources.'" Space exploration company Planetary Resources will be unveiled in a conference call on Tuesday, April 24th. Besides the audacious announcement, which promises to "overlay two critical sectors - space exploration and natural resources - to add trillions of dollars to the global GDP," what makes this unique is its high-profile support group. The venture is backed by Google executives Larry Page and Eric Schmidt, director James Cameron, and politician Ross Perot's son, among others.

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