Alternative Energy Forums

Alternative Energy Forums (http://www.alternative-energy.com.au/forum/index.php)
-   Australian Rare Earths (http://www.alternative-energy.com.au/forum/forumdisplay.php?f=13)
-   -   Global Rare Earth Metals market may reach $ 8.19 billion by 2018 (http://www.alternative-energy.com.au/forum/showthread.php?t=9953)

Sparty 10-01-2014 01:07 AM

Global Rare Earth Metals market may reach $ 8.19 billion by 2018
 
Global Rare Earth Metals market may reach $ 8.19 billion by 2018 Sep 30, 2014 01:51 GMT Source: Scrap Register
Tags: rare earth, rare earth price

UNITED STATES September 29 2014 3:45 PM

NEW YORK (Scrap Register): Global rare earth metals market is expected to reach $ 8.19 billion by 2018, as per latest Study by Transparency Market Research.

According to the Study, the global rare earth metals market will grow at a CAGR of 13.0% from 2012 to 2018. This market was valued at $ 3.93 billion in 2012.

The rare earth metals market is expected to grow at a steady rate in the coming five years. The factors driving its growth are demand for rechargeable batteries that are preferred for being recyclable, portable equipments, electronics, permanent magnets, and computers.

Increasing demand for clean energy and action taken by the government to ensure the same is another factor driving this market. Clean technology also a reason for growth in the rare earth metals market.

However, in the same period, the rare earth metals market is likely to witness a few challenges such as dominance of China in the market and fluctuating costs.

Visit www.australianrareearths.com to see where you can profit

Sparty 07-01-2015 12:43 PM

Ex-China
 
It is likely that several ASX and TSX listed companies can fill the supply gap of the "critical" REEs.

I have looked at the ASX listed companies with the magnetic and critical REEs in depth over the last 5 years. In particular ASX: GGG, ASX: ALK and ASX: HAS seem to be well placed. Tellurium however is quite rare and I would be grateful for a reference to companies that have a viable resource.

However having a resource and being able to process it into the individual elements may be beyond Australia and Canada and this seems to be why Japan and China are in the box seat when it comes to off-take agreements at least with the ASX listed companies.

I would be grateful for more information if you would like to post it.

(Is a decarbonized economy an "electron economy"? )


All times are GMT. The time now is 02:00 PM.

Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.