Rare earths market will see solid growth in the next five years

By Antonio Torrisi
Published: Wednesday, 05 March 2014

China monopoly will reduce to 60% by 2020; growing demand in catalysts and magnets markets; prices to strengthen and stabilise in 2015

The global rare earths industry is growing at a remarkable rate and demand is expected to reach almost 200,000 tonnes in 2018, industry research publisher, Research and Markets, forecasted in a report published last week.According to the report, there will be a surge in rare earths applications in hybrid vehicles...

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