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Rare earth metals

Up until the mid-1980's, the United States was the lead global producer of rar-earth elements-materials that power everything from laptops to hybrid cars, and have come to define our high-tech lives.

Now, the nation is 100% dependent on imports of these elements and China is the primary supplier.

What are rare earth elements?

here are currently 17 rare earth elements (REE). Although relatively abundant, rare earth deposits take longer to find because they aren't as concentrated in areas as other elements. Additionally, the mining process for those materials is more extensive and costly than other elements.

Rare Earth oxides price charts, click here

Rare Earth metals price charts, click here

Global production of rare earth elements:


Share of global rare earth production:

Together, just 4 countries mine the majority of the world's supply of rare earth elements. China, which produced 130,000 metric tons in 2010, dwarfs all other production yields by claiming 97% of the share.

 

Future availability:

The poliferation of high-tech and clean energy products has boosted demand for more rare earth elements.

However, China recently put a unilateral restrictions on exports to preserve resources, causing prices to soar and heightening concern among dependent importers.

Thanks to the slow development of new mines and dwindling global reserves of rare earth elements, the U.S. Geological Survey predicts that we may soon be able to meet future demand in the high-tech and clean-energy sources.

 

Rare earth materials application:

Magnetiс properties Medical application
Luminescence High-tech application
Application in military Clean-energy application

Cerium Oxide 99% min FOB China

Cerium Metal 99% min FOB China

Mischmetal La35% Ce65% FOB China