Rare Earth Supply Crunch a Wakeup Call for Mining Companies Everywhere: Ernst & Young
May. 11, 2011 05:46PM PST
Rare Earth InvestingErnst & Young announced that increasing demand for rare earths is creating both opportunities and risks for miners.
Ernst & Young announced that increasing demand for rare earths is creating both opportunities and risks for miners.
The press release is quoted as saying:
“Rare earth metals are feeding the production of high-tech and green products. Demand is expected to jump more than 60% in the next five years alone,” says Zahid Fazal, partner and leader of Ernst & Young’s mining practice in Quebec.
To read the full press release, click here.