Rough year for global rare earths as illegal mining takes its toll
Published: Thursday, 22 October 2015
The continuation of illegal mining in China, low prices and substitution made 2015 a difficult year for the rare earths industry and miners face a challenging year ahead, Rachel Carnac, discusses.
It might be an understatement to describe the past year as
an extremely tough one for the rare earths industry. While
these are difficult times for the entire metals and minerals
complex, with prices largely dragged lower by the double whammy
of global oversupply and the downturn in China’s