Bloomberg  Jul 28  Comment 
Some Chinese producers of rare-earth magnets are seeking to use this month’s expiry of a key patent held by Hitachi Metals Ltd. to expand exports of the micro magnets used in products from motors to smartphones.
SeekingAlpha  Jul 24  Comment 
ByIAEResearch: Molycorp (NYSE:MCP) is one of the largest manufacturers of custom-engineered rare earths. The company has been under a lot of pressure over the last two years due to the falling rare earths prices. The stock has lost about 62%...
WA Business News  Jul 24  Comment 
Subiaco-based Greenland Minerals and Energy has awarded a competitive tender to a North American-based firm with a Perth office, for detailed engineering design aspects of a feasibility study for its Kvanefjeld rare earth elements project in...
Agoracom  Jul 23  Comment 
CORRECTING and REPLACING Liberty Star Submits Testimony to US House of Representatives Committee on Natural Resources RE: Strategic Rare Earth Elements TUCSON, Ariz.--Please replace the release with the following corrected...
SeekingAlpha  Jul 19  Comment 
By Fabrizio Valerii: Introduction Molycorp Inc. (NYSE:MCP) is "a leading global rare earths producer that operates a vertically integrated, global supply chain that combines a world-class rare earths resource with manufacturing facilities on...
SeekingAlpha  Jul 16  Comment 
By The Gold Report: It's not the size of a rare earth elements project resource that determines its success, declares Tom Hayes of Edison Investment Research. In this interview with The Mining Report, he explains that companies will win based on...
The Hindu Business Line  Jul 16  Comment 
State-owned National Aluminium Co Ltd has signed a memorandum of understanding with Indian Rare Earths Ltd (IREL), another public sector organisation under the Department of Atomic Energy, for joi...
Jutia Group  Jul 15  Comment 
The Mining Report: It is now known that China's State Reserve Bureau intends to begin stockpiling medium-to-heavy rare earth elements (REEs), and that China will also strengthen REE export quotas. Will these actions lead to a race to get...
Motley Fool  Jul 11  Comment 
Molycorp's stock took another hit recently, and the company's very survival is now in question.
SeekingAlpha  Jul 10  Comment 
By Hawkinvest: Tasman Metals, Ltd. (TAS) is based in Canada and it owns a number of interests in various rare earth mines and claims. Its flagship project is the "Norra Karr" which is located in Sweden. This is high potential project that could...


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" ( 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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