'Astronomical' demand growth on the cards for rare earths

ADAMAS Intelligence is flagging potential for “astronomical” demand growth for the suite of rare earths used to make permanent magnets beyond 2030, warning the industry’s “myopic” investment cycle could push demand growth towards “escape velocity”.

'Astronomical' demand growth on the cards for rare earths 'Astronomical' demand growth on the cards for rare earths 'Astronomical' demand growth on the cards for rare earths 'Astronomical' demand growth on the cards for rare earths 'Astronomical' demand growth on the cards for rare earths

EV motor showing NdFeB magnets

The minerals research firm warned the RE sector's traditional short-term production investment cycle could leave capacity significantly lagging behind anticipated demand levels.