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The United States is on track to establish a domestic rare earths supply chain to meet its defence needs by 2027, a senior defence official said on Wednesday. The U.S has been driving...
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The US has been driving the build-out of a global supply chain for rare earth, metals used in magnets for green energy industries and defence, beyond dominant producer China since COVID upended global supply chains early this decade.
The Rare Earths MMI saw a shocking rebound this past month, even as profits from the sale of rare earth metals decline in China and Australia.
The rare earth metals market is experiencing a downturn, with Chinese profits declining and Lynas Rare Earths tightening costs due to falling demand.
Read on as Caroline Messecar, strategic markets editor for Fastmarkets, explores the world of rare earth prices in her opinion piece for ‘The Crucible’ titled ‘Why have rare earth prices fallen?’