Non-Chinese Mines to Account for 37% of the Global Rare Earth Elements Production by 2015
From less than 3% in 2010, Non-Chinese mines are expected to account for more than 37% of the global rare earth elements production by 2015, says a new report from IMARC Group
Online, July 4, 2011 (Newswire.com) - IMARC Group, one of the world's leading research and advisory firms, finds that more than 97% of the total global rare earth element production is currently taking place in China. The country's continuous export restrictions and price hikes, however, are driving both governments and end users to diversify their sources of rare earth imports.
The reports find that other than China, the production of rare earth elements is currently taking place only in India, Brazil and Malaysia. By 2015, however, it expects another eight non-Chinese rare earth mines to start commercial production. As a result, the total production of rare earth elements from non-Chinese mines is expected to increase from 3600 metric tons in 2010 to more than 85,000 metric tons by 2015.
IMARC's new report entitled "The Global Rare Earth Elements Market 2011-2015: Is the Hype Justified?" provides an analytical and statistical insight into the global rare earth elements market. The study that has been undertaken using both desk-based as well as qualitative primary research has analyzed five aspects of the rare earth elements market.
Key Aspects Analyzed:
Understanding the Mining Economics of Rare Earth Elements:
Focus of the Analysis:
• Rare earth mine valuation
• Stages and time taken to develop and start production at a rare earth mine
• The total costs involved in rare earth mining
• Mining and downstream processing of rare earth elements
• Rare earth element pricing
Understanding China's Role in the Global Rare Earth Elements Market:
Focus of the Analysis:
• China's role in the global supply and demand of rare earth elements
• Reasons for China's dominance
• China's current and future supply strategies
Comprehensive Situation Analysis of the Global Rare Earth Elements Market:
Focus of the analysis:
• Quantifying the historical sales and production of rare earth elements
• Identification and evaluation of current global rare earth mines
• Identification and evaluation of mines expected to begin production in the next five years
• Current and future consumption of rare earth elements
Evaluating the Supply and Demand of Various Rare Earth Elements:
Focus of the analysis:
• Quantifying the production of each element from current and future mines
• Quantifying the current and future demand of each element
• Historical, current and future prices of each element
• Evaluating the supply risks of each element and its importance for clean technology
• Identification of critically undersupplied and oversupplied rare earth elements
Evaluating the Demand of Rare Earth Elements in Various Industries
Focus of the analysis:
• Quantifying the current and future size of each Industry
• Quantifying the current and future demands of rare earth elements in each industry
• Identification of industries having the highest demand of rare earth elements.
Information Sources:
Information has been sourced from both primary and secondary sources:
• Primary sources include industry surveys and face to face/telephone interviews with industry experts.
• Secondary sources include proprietary databases and search engines. These sources include company websites and reports, books, trade journals, magazines, white papers, industry portals, government sources and access to more than 4000 paid databases.
To buy the complete report or to get a free sample:
Call: +91-120-425-6531 (Asia), +44-844-774-9660 (Europe), +1-631-791-1145 (America)
email: [email protected]
For more Information please visit: http://www.imarcgroup.com/
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Tags: China, mines, rare earth elements
