Rare Earth Takes The World By Storm
Tue, Nov 17, 2009
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. And its elements have unpronounceable names like terbium, dysprosium, holmium, cerium, europeum, and Ytterbium, to name just a few.
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Tags: dysprosium, green technology, hybrid vehicles, lutetium, rare earth elements, rare earth investing, rare earth metals, rare earth news, thulium, Uranium, ytterbium
January 13th, 2010 at 11:12 am
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