Video News: Rare Earths industry hopes pinned on the automotive market

By Antonio Torrisi
Published: Monday, 01 December 2014

Forecast expansion in motor magnets and catalysts consumption in cars; US ITC removes antidumping duties on imports of Chinese refrigerants; TiO2 market under pressure due to lack of demand from China’s construction industry.

Following meetings with industry participants at the 10th International Rare Earths Conference in Singapore, Laura Syrett, IM’s pricing editor, discusses how the automotive market represents a glimmer of hope for rare earths, but how ongoing price and supply volatility could damage the industry further.

The US International Trade Commission (ITC) has ruled that imports of fluorine based refrigerant R-134a from China do not harm the US refrigerant industry. IM’s reporter, Antonio Torrisi, talks about more developments in the future of fluorochemicals market following the IM Fluorspar 2014 Conference in Miami.

Oilfield services leader Halliburton is to buy out its rival Baker Hughes for a price of $34.6bn. The combination of the two businesses will create an oilfield giant, with a combined annual revenue of over $50bn and operations in more than 80 countries.

TiO2 markets are under pressure due to of a lack of demand from China’s construction industry, delegates at the TZMI Conference in Shanghai heard in November. IM’s deputy editor, Kasia Patel, who attended the conference, reports on its findings.