Dr. Harada Industry Association of Japan Hideki magnetic appeal , no longer appear rare earth crisis .

China 's share of global supply of rare earth ratio exceeds 90%. Data show that in 2011 , Chinese exports of rare earth metals and compounds monthly average from $ 20 early / kg, the maximum rose to more than 170 U.S. dollars .

In fact , China 's rare earth industry is also a victim skyrocketing prices plummeted because of shrinking demand downstream to upstream conduction , thereby threatening the survival of the upstream business ; addition, downstream industries are looking for alternatives , LED and lithium batteries for this barbaric growth achieved . If we say that by 2013 , LED fluorescent replacement , lithium, nickel-metal hydride battery replacement is also just a symptom , then and now the industry have recognized this is a trend.

Zhang Anwen , deputy secretary general of China Rare Earth Society revealed that rare earth luminescent applications may occur in the future negative growth seen over the years , and even some people think fluorescent lights will be replaced by LED; faced with lithium batteries, fuel cells competitive rare earth nickel-hydrogen batteries growth slowed .

In the field of consumer electronics , lithium rapidly replacing nickel-metal hydride batteries. In addition, after 2010 , state support for the development of new energy vehicles , many companies launched a lithium project into a vicious market competition stage , the lithium battery industry chain product prices declined rapidly in 2013 , a decline of 20% to 30 %. Lithium cost advantages more apparent .

Rare earth magnetic materials mainly in downstream applications , nickel-metal hydride batteries, fluorescent lamps , oil and car exhaust catalysts five areas ; wherein the nickel metal hydride batteries, fluorescent demand accounted for about 30 %. Lost a nickel-metal hydride batteries, fluorescent lamps market , the economic effects of rare earth supply companies will be affected . For example , the rare earth fluorescent lamps are replaced , the market will reduce the demand for europium , terbium, yttrium and the like.

Zhang Anwen , deputy secretary general of China Society of Rare Earths , said rare earth ore, smelting , with a total loss of prosperity are interdependent community of interests , the upstream companies have a reasonable and lasting profit outlook , avoiding exploit in order to achieve win-win cooperation whole industry chain .


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