The world market for rare earth metals is facing constraints
Critical gap in world supply
The production of rare earth in China is at record levels and the depletion of existing resources is in sight. Forecasts are that China will increasingly become a net importer of rare earth.
Pricing trends for rare earths
Prices, in particular for magnet rare earth metals, have been increasing quickly during 2019. Prices are expected to grow with increased demand and pressure on supply for the years to come.
Market applications for rare earth metals
Electric Vehicles
Wind Power - Turbines
Magnets for Efficient Motors
