Molycorp expects global rare earth shortages for next two years

By Mike O'Driscoll
Published: Tuesday, 08 March 2011

US producer’s 2011 output sold out; 48% demand increase expected by 2015

There will be “outright shortages” of rare earths during 2011 and 2012, according to US rare earth producer Molycorp.

Jim Sims, the group’s director of public affairs, estimated the global market for rare earths to be about 125,000 tonnes rare earth oxides (REO) in 2010, but warned that planned production increases would fall...

This is a preview of the full article

Our market news and price data is reserved for registered users only.

Current customer? Login now

All of our industrial minerals price data and news is now available only through our new platform. Learn more about the intelligence we offer by visiting our Fastmarkets flagship website. If you are familiar with our reliable and trusted intelligence, fill out a request a quote form today to hear from our friendly sales staff who will create a custom license for you.


           



Interested in lithium prices? We now offer lithium prices and coverage free for reference. Click here to read all about it.

Interested in the wider electrification market?
Join our growing community of participants who want to learn more about electrification and how this market is developing.