Rare Earth Takes The World By Storm

Nov. 17, 2009 08:13AM PST

The world has woken up to rare earth’s inherent potential given its intrinsic usage in several applications. Global consumption was around $1.5 billion to $2 billion in 2008, forecast to grow by 65% by 2012 from 2008 levels. It is a tiny and illiquid industry, with global demand of around 135,000 tonnes a year. …

It is a tiny and illiquid industry, with global demand of around 135,000 tonnes a year. And its elements have unpronounceable names like terbium, dysprosium, holmium, cerium, europeum, and Ytterbium, to name just a few.

Read the rest of this article on Rare Earth Investing News.

Follow developments in resource mining and exploration for free.

Sign on to The Resource Stock Watch.

The Conversation (2)

Investor Last Name

13 Apr, 2011

you start off by saying that it willl provide a much needed new market for manganese. my impression is that emm is in very short supply and that supply is almost entirely in china. did you mean to say it the way you did? please explain. i am aware and exited about what the powder will do to prices. david morris cfa