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Recent Dynamics in the Global CRITICAL Rare-Earths Market and ...

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Applications for REEs<br />

• Significant growth <strong>in</strong> end-use dem<strong>and</strong><br />

• New hi-tech products <strong>and</strong> devices <strong>in</strong> addition to new markets<br />

• Increased market penetration of clean-energy platforms<br />

• Potential HUGE near-term growth <strong>in</strong> numbers of people enter<strong>in</strong>g<br />

<strong>the</strong> middle class <strong>in</strong> sou<strong>the</strong>ast Asia; <strong>in</strong> Ch<strong>in</strong>a <strong>and</strong> India <strong>in</strong><br />

particular<br />

• Clean-energy applications require significant quantities<br />

• Beware of <strong>the</strong> hype<br />

• Be aware of <strong>the</strong> potential impact of legislation<br />

• E.g. Effects of ban on <strong>in</strong>c<strong>and</strong>escent light bulbs on HREEs<br />

• Drive for more energy-efficient appliances <strong>and</strong> devices<br />

An Introduction to <strong>the</strong> <strong>Rare</strong> <strong>Earths</strong><br />

11

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