Low prices persist despite China’s incentive-led demand boost: Rare earths 2024 in review
:format(auto):focal(center))
The rare earth industry faced challenges from historically low prices and robust supply-side growth in China in 2024. This was despite the rising deployment of rare earth permanent magnets (REPM) in electric vehicles (EVs) and other clean technology sectors. “The rare earth market is fundamentally supply-side driven,” said Neha Mukherjee, senior rare earth analyst at […]