Rare Earth Metals Market News According to reports Praseodymium/neodymium metal prices remained stable last week, but Chinese suppliers intend to increase offer prices in the near term. Market sources confirmed that prices for 99-percent praseodymium/neodymium metal are currently around
Rare earth elements are not really that rare. What is difficult is finding them in sufficient concentrations to make extraction economically possible. Today, nearly all rare earth metals are produced in China. What makes these metals so important to our economy is that they are used in the
Japan signed an agreement to import 4,100 tons of rare earths a year from India in its second deal this month to diversify supply from China for the metals used in mobile phones and hybrid cars to missile guidance systems. Japan, the world’s biggest importer of rare earths, signed a memorandum
Japan has stepped up its efforts to wean itself away from China’s rare earths. And as of next year, the Land of the Rising Sun will have taken a significant step in chipping away at China’s dominance of the sector. That was the message put forward last week when Japanese trading house Sumitomo
21st century essentials such as mobile phones, laptops, ipads, televisions, hybrid cars and wind turbines to name a few all depend on Rare Earth Metals to function. Will there be enough though to continue with our high – tech lifestyle or will we need to resort to deep seabed or astroid
