The Australian  May 29  Comment 
Lenders to struggling rare earths miner Lynas have agreed to postpone looming payments until December.
The Australian  May 16  Comment 
It has almost been two years since Amanda Lacaze moved to Malaysia to run troubled rare earths company Lynas.
Reuters  May 9  Comment 
* To purchase 60% of issued and outstanding shares of a company based in Laos
The Australian  Apr 28  Comment 
Rare earths miner Lynas flags an uptick in production volumes despite depressed prices, as it fails to break even in Q3.
WA Business News  Apr 26  Comment 
Rare earths miner Peak Resources plans to restructure its funding arrangements to increase its stake in the Ngualla joint venture, with a $7 million capital raising put forward to investors.
WA Business News  Mar 11  Comment 
Rare earths company Arafura Resources says it will incur a $27.7 million non-cash impairment charge against its Nolans project in the Northern Territory.
The Australian  Mar 9  Comment 
Rare earths producer Lynas says it sees favourable “market dynamics” despite weak prices.
WA Business News  Feb 4  Comment 
Local explorer Northern Minerals plans to build a test pilot plant at its Browns Range project near Halls Creek at a cost of about $US18 million ($A25 million), rather than proceeding with full-scale development in light of the depressed rare...
The Australian  Jan 26  Comment 
Rare earths miner Lynas is striking more deals with customers hoping to hedge against another metals crisis.
Reuters  Jan 8  Comment 
Rare earths producer Molycorp reached agreements with its junior creditors on Friday that clear the way for the bankrupt company to accept bids for the company and...




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For more information on China's dominance of the global rare earth market, click here. Rare earth metals are a group of 17 elements with similar chemical structures with distinct properties. They are used in a wide range of electronic items and in fluorescent bulbs. Hybrid vehicles also use various rare earth metals. The growing demand from these industries is boosting the market for rare earth metals.

According to Transparency Market Research Report "Rare Earth Metals Market - Global Industry Analysis, Size, Share, Trends and Forecast, 2012-2018" (http://www.transparencymarketresearch.com/rare-earths.html) The global demand for rare earths was estimated to be over 140 kilo tons in 2010 and is expected to grow at a CAGR ranging from 10% to 10.5% from 2012 to 2018. The mechanical and metallurgical industry is the leading consumer of rare earth metals and accounts for approximately 32% of the total rare earth metals consumed in various markets. The mechanical and metallurgical industry is followed by glass and ceramics, chemical, energy and electronics, optics, and optoelectronics industries. Energy is expected to be the fastest growing segment for rare earths at a CAGR of over 17% from 2012 to 2018.

The market is primarily driven by the technological advancements in electronics and automobile industries which influence the usage of rare earth metals. However, the growing concerns regarding the impact of production, refining and recycling of rare earth metals on the environment are expected to hinder the market.

China is the leading supplier of rare earth metals and accounts for approximately 95% of the global production. In 2010, the Chinese government restricted the export of rare earth metals to 40% in order to gain the price advantage as the global prices surged to a record level following this announcement from the Chinese government. However, this gave other producers around the globe a chance to boost their production. In the twentieth century, U.S., India, Brazil, and South Africa were among the top producers of rare earth metals until China, in 1980, decided to heavily increase its production and became the leading producer of rare earth metals.

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