US Rare Earths Consumption Up in 2014

Mining Weekly reported that the US Geological Survey (USGS) has revealed that lower rare earths prices and increased availability of rare earths compounds led to increased US consumption in 2014.

As quoted in the market news:

However, in its latest mineral commodity summary for the abundant group of 17 elements composed of scandium, yttrium and the lanthanides, the USGS noted that increased domestic output of separated rare-earth products was hampered by technical difficulties in the ramp up of new production capacity.

Click here for the full Mining Weekly report