-
Rising demand for responsible rare earths is not lifting prices, says Lynas
Lynas Rare Earths, the world’s largest producer outside of China, said on Thursday that demand for responsibly produced rare earths was increasing but had not resulted in higher prices. Rare earths are a group of 17 metals, some of which are used in permanent magnets for applications including motors for wind turbines, electric vehicles and drones. Western nations are building a supply chain separate to dominant producer China, but some have been struggling to find funding due to low prices. “Governments are starting to take action on supply chain resilience and customer demand for responsibly produced rare ... (full story)