Technology Minerals - The Rare Earths Race is on!

Rare Earth Deposits & Mining / Rare Earth Exploration, Mining, Processing, & Uses

Date posted: 11/27/13

This 2011 paper by Ernst and Young builds on their analysis of the technology minerals sector contained in their previous paper, Material risk - Access to technology minerals. In that paper they considered the critical minerals supply risk issue for the high-tech industry. They concluded that there is an urgency for projects to be brought into production if they are to participate in the period of elevated prices. Over the last 12 months, there has been a surge in interest from the global press, along with serious concern from various worldwide government organizations regarding these technology minerals, particularly the rare earths. This interest was sparked by the overall prediction of an emerging rare earths supply gap, with a constant deficit until 2013, despite new production forecast to come online.