Rare earth consumption ready to take off

The value of magnet rare earth oxides the world consumes for the energy transition is expected to increase ten-fold by 2035, according to Adamas Intelligence. The research and advisory group said data indicated that $3.8 billion worth of magnet rare earth oxides were consumed globally for energy-transition-related applications, including EV traction motors and wind power generators, […]

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Industry Queensland
Industry Queensland