Essential components to products with high growth potential - electronics and technology industries, energy efficiency and greenhouse gas reduction
Demand
Global demand forecast to grow at ~ 8 – 11% per annum. Demand for use in hybrid vehicles, rechargeable batteries, mobile phones, plasma and LCD screens and laptop computers and clean energy production.
Supply
Whilst overall demand will be met over the next 5 to 10 years, global demand will soon outstrip supply. China Rare Earth export quotas will play a critical part in the supply chain of Rare Earths outside of China.