Global development of rare earth appear brakes

According to reports, the new rare earth mine development is gradually stop. Since 2010 to 2011 the price surge, Japan and other countries to reduce demand . The prices has led to the development of business and government willingness to cool. In addition, the slow recovery in demand also have a negative impact .

According to experts, in 2012 the global production of rare earth ( calculated as oxide ) was 118,900 tons , and in 2011 was essentially flat. Compared to recent record highs in 2010 decreased by 10 % or more, still in the start of the year after weak growth state. In addition to the implementation of China cut , the new mines outside of China plan was postponed. Toyota Tsusho plans to join hands to promote local businesses in eastern India, rare earth co-production business. Originally planned since 2012, use of the service provided annually 3,000 ~ 4,000 tons of rare earth , but is not yet fully available . The company also admitted that " delayed delivery is a foregone conclusion ." Development of rare earth thermal cooling , in large part because of reduced demand in Japan .


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