Supply/demand dynamics for rare earth elements
Rare Earth Elements is expected to exceed the supply as very few mining companies are developing REE due to environmental regulations, and because of long lead times, supply constraints are likely to continue in the short term. The Chinese government estimates that at the current pace of mining, China will run out of all heavy REE to be found in China in approximately 15 years and to preserve REE for domestic use they have reduced their REE exports by 72 percent in last 2 years.
2013-12-26 Frost & Sulilivan

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