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Article | REF: J6630 V2

Rare earths

Authors: Valérie BUISSETTE, Thierry LE MERCIER

Publication date: May 10, 2019

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6. Industrial applications of rare earths

6.1 Rare earths market and main industrial players

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6.1.1 Overview of the rare earths market

Global consumption of rare earths remains several orders of magnitude below available mining resources. Current scenarios suggest that currently mined reserves will be sufficient to cover at least the next 50 years, while total reserves will enable growth over almost a millennium.

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