In this interview, Jack Lifton tells us how a non-Chinese international rare earth toll refinery would get separated rare earths downstream more efficiently, while simplifying miners' business plans. Find out which companies could be part of the solution.
We can certainly debate and question specific projections. What's pretty clear though is that the figure of 278 kt for total rare earths in 2015 and beyond is referring to projected supply, not demand.
China plans an additional cut of as much as 30% in quotas for rare earth exports next year as it looks at exhausting reserves of medium and heavy rare earths within 15 to 20 years, the state-run English-language China Daily reported.
It is obvious from the vantage of the rare earths' sector in China, that China is simply racing ahead of the rest of the world in volume production, as well as development of state-of-the-art clean tech and green tech products.