While rare metals are considered key elements of major industry and a new growth engine, supply of rare metals fails to meet demand. Supply shortage is a global trend, and to address this issue, countries are making efforts, both technological and scientific. In this background, rare metals engineering endeavors to educate and conduct research on reduction, replacement, recycling, stock-piling, and policies on rare metals for the purpose of establishing a virtuous cycle for the rare metals industry, which is the most desirable outcome for Korea. Given the nature of rare materials, rare metals engineering at UST, with the benefit from international joint research (industry-academics-research labs), aims to nurture talents who can lead research and business enterprises on high-value materials.