Rare Earth Supply Crunch a Wakeup Call for Mining Companies Everywhere: Ernst & Young

- May 11th, 2011

Ernst & 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.

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