Agoracom  Dec 10  Comment 
PART 2 AVL: TSX, AVL: NYSE MKT Three advanced stage projects Nechalacho Deposit is exceptional in its size and enrichment in the scarce "heavy" rare earth elements HREE-rich resource in the Basal Zone contains Measured and Indicated...
Agoracom  Dec 8  Comment 
AVL: TSX, AVL: NYSE MKT Three advanced stage projects Nechalacho Deposit is exceptional in its size and enrichment in the scarce "heavy" rare earth elements HREE-rich resource in the Basal Zone contains Measured and Indicated Resources of...
The Australian  Nov 27  Comment 
RARE earths miner Lynas has apologised for its lowest equity price in the group’s 14-year history, as it sets out to replace its board.
WA Business News  Nov 11  Comment 
Northern Minerals has appointed Dublin-headquartered management consulting firm Accenture to plan and budget a feasibility study at its flagship Browns Range rare earths project near Halls Creek.
WA Business News  Nov 10  Comment 
Former Perth-based rare earths miner Lynas Corporation's shares have bounced after it tried to reassure investors the rare earths market is not going as badly as speculated.
The Australian  Nov 10  Comment 
LYNAS Corporation’s shares have bounced after the miner tried to reassure investors that the rare earths market was not going as badly as speculated.
Benzinga  Oct 30  Comment 
Clean Diesel Technologies, Inc. (Nasdaq: CDTI) ("CDTi" or "the Company"), a leader in advanced emission control technology, announced the United States Patent and Trademark Office (USPTO) awarded it two new patents covering CDTi's new technology...




RELATED WIKI ARTICLES
 


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.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki