Yttrium

Yttrium is a critical rare earth element used in high-temperature coatings for engines and turbines. Its price has jumped 60% and is 69 times higher than a year ago due to severe shortages, leading to production pauses and rationing by manufacturers.

Yttrium, a rare earth, is crucial for aerospace engine coatings and has faced shortages. It is a key mineral in the United States===United States Department of Defense's initiative, with Energy & Fuels considering processing it.

Yttrium is another critical mineral targeted by the drilling program at the Tharsis Project, important for advanced technologies.

Yttrium, a core material for advanced ceramics, medical technologies, and specialized manufacturing, was also confirmed. Its prices have seen significant increases due to China's export controls, making new sources like this discovery important.