The Conversation (0)
Forbes reported that rare earths could be heading for a glut in the near future.
Forbes reported that rare earths could be heading for a glut in the near future.
As quoted in the market news:
The global rare earths market is perhaps 150,000 tonnes a year of mixed oxides. Molycorp is on track to be producing 20,000 tonnes a year soon. Lynas Corp is about to commission its Malaysian separation plant: when that whole system is in full production we might be talking of another 20,000 tonnes a year.