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American Video Teleconferencing Corp. (AVOT)
Several pounds of rare earth compounds are required for batteries that power electric vehicles and hybrid-electric vehicles. As concerns for energy independence, climate change and other issues impact the sale of electric vehicles, the demand for batteries made with rare earth compounds is expected to increase dramatically.
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Rare earth metals are definitely the life blood of modern computers, batteries and alternative energies. For instance, you’ll find nearly 10 pounds of the rare earth element, lanthanum, in each and every Toyota Prius engine. In addition, rare earth elements are essential to military technologies. American Video Teleconferencing Corp. (PINK:AVOT) is pleased to announce that Wayne Lockhart, BSc.