DV Hardware - bringing you the hottest news about processors, graphics cards, Intel, AMD, NVIDIA, hardware and technology!
   Home | News submit | News Archives | Reviews | Articles | Howto's | Advertise
DarkVision Hardware - Daily tech news
May 24, 2019 
Main Menu
News archives

Who's Online
There are currently 189 people online.


Latest Reviews
Ewin Racing Flash gaming chair
Arctic BioniX F120 and F140 fans
Jaybird Freedom 2 wireless sport headphones
Ewin Racing Champion gaming chair
Zowie P-TF Rough mousepad
Zowie FK mouse
BitFenix Ronin case
Ozone Rage ST headset

Follow us

China losing grip over the rare earth element market

Posted on Monday, December 24 2012 @ 13:05:48 CET by

The Register reports China is losing its capacity over the rare earth mineral market as production capacity is coming online in other parts of the world. The website points out that until recently, China supplied 97 percent of the world's rare earths, but this is poised to change soon, and the country will not be able to keep its monopoly.
The proof of the failure comes in these two snippets:

Lanthanum oxide, a rare earth used to refine gasoline, has dropped 53 per cent this year, according to Shanghai Steelhome Information data. Cerium oxide, used in glass polishing, has declined 56 per cent and neodymium oxide, used in magnets, has fallen 46 per cent, the data show.

Hmm, why's that then?

"We remain very concerned about what will happen as new supplies from Molycorp and Lynas totaling 57k tonnes hit up against a ROW (rest of the world) demand estimated at 40k tonnes in 2011 ...," JP Morgan analyst Michael Gambardella said in a note to clients.



DV Hardware - Privacy statement
All logos and trademarks are property of their respective owner.
The comments are property of their posters, all the rest © 2002-2019 DM Media Group bvba