FT: Rare Earths Make Electric Comeback After Bust
Prices of rare earths used in EV motor magnets on the rise
In August 2017 Adamas Intelligence spoke with the Financial Times regarding the latest developments in China’s rare earth industry that have sent prices soaring in recent months.
Some key points emphasized during the discussion were:
- Ongoing government inspections of producers and an unprecedented clampdown on illegal production have limited the amount of over-production in China, giving major producers more pricing power.
- Growing demand and long-term supply agreements for certain rare earth materials are limiting availability of these materials on the spot market, offering support for higher spot prices.
Read more about what was discussed in this recent article from the Financial Times.Back to overview