The Time Is Now

China currently owns or controls 80% + of the world’s rare earth supply.

Global Market

The global market for rare earths is currently valued at $5.3 billion, growing at 12.3% CAGR through 2025

From the USGS:  In 1993, 38 percent of world production of REEs was in China, 33 percent was in the United States, 12 percent was in Australia, and five percent each was in Malaysia and India. Several other countries, including Brazil, Canada, South Africa, Sri Lanka, and Thailand, made up the remainder. However, in 2008, China accounted for more than 90 percent of world production of REEs, and by 2011, China accounted for 97 percent of world production. Beginning in 1990 and beyond, supplies of REEs became an issue as the Government of China began to change the amount of the REEs that it allows to be produced and exported. The Chinese Government also began to limit the number of Chinese and Sino-foreign joint-venture companies that could export REEs from China.

CHINA'S CONTROL

China’s control over the global supply of rare earths now provides China with critical technology, geo-political and supply-critical leverage over every economy
and government in the world

MARKET CONTROL

In 2014, China flooded the
market with low-cost rare
earths, driving international
producers (including those
in the US) out of the industry

US BASED PRODUCER

The largest US-based producer of rare earths sells all of its production to China

The global market for rare earths is currently valued at $5.3 billion,
growing at 12.3% CAGR through 2025

US Rare Earth Market Poised For A Comeback 2021

Recognition that reliance on China for rare earths is a US national security risk!
Increased demand due to new green technologies
Increased demand for everyday electronic devices

ELECTRIC VEHICLES

 Vehicles alone could consume all the world’s mined neodymium by 2035, compared with 5% of total demand today, according to MP Materials.

The major US and foreign automakers have committed hundreds of billions of dollars to shift to electric vehicles–all needing rare earths

The global market for Electric Vehicles could grow 36% annually over the next decade
if nations adhere to commitments made under the 2015 Paris Agreement, according to the International Energy Agency.

WIND ENERGY
Each wind turbine needs 800 pounds of neodymium, and other rare earths.
Rare Earths are necessary to make alloys for the huge permanent magnets found in onshore and offshore wind turbines.

solar1

SOLAR ENERGY
The solar energy industry is reliant on rare earths
They are used in the production of solar panels – Mostly neodymium

EVERYDAY LIFE

Rare-earth metals are essential for many of our everyday devices including:
Mobile phones, Permanent magnets, Computer screens, Televisions, Motors
Computer Chips, Semiconductors, Microchips, Rechargeable batteries

“I am very familiar with every American rare-earths deposit.
I believe that the U.S. Critical Materials deposit has the potential to be a top U.S. rare-earth producer”

JAMES HEDRICK – June , 2021
PRESIDENT U.S.CRITICAL MATERIALS
Retired USGS rare earth commodity specialist

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