Rare Earths 2014: Supply security biggest priority for automakers

By Laura Syrett
Published: Friday, 14 November 2014

While the automotive industry can reportedly accommodate higher prices for rare earths, it cannot tolerate supply insecurity. Market participants stress that new non-Chinese supply sources can help improve market visibility, even at the expense of oversupply and weaker prices.

Security of raw materials supply is the number one priority for automobile manufacturers and this anxiety is particularly acute when it comes to rare earths, delegates at the 10th International Rare Earths Conference in Singapore heard this week.

In a presentation discussing rare earths consumption in the Japanese auto industry, Sumio...

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