Reuters: Boom, Bust and Boom Again for Rare Earths?
Supply chain is adapting to a new source of demand
On September 1, 2017 Adamas Intelligence was quoted in a Reuters article, titled Boom, Bust and Boom Again for Rare Earths?
The article reinforces a key takeaway that we highlighted last month in a complimentary research briefing: China’s permanent magnet supply chain is rapidly evolving on account of fast-growing demand for electric vehicles.
Reuters notes that “this is a supply chain that is having to adapt in super fast time to a new source of demand. Chinese magnet producers are ramping up capacity to feed the ambitious electric vehicle targets of global automotive manufacturers.”
Read more about the topic in the aforementioned article from Reuters.Back to overview