A Brief Analysis of Global Rare Earth Trade Structure

Abstract:

Since a large number of cheap rare earth from China entered the international market in the late 1980s, the rare earth structure in world started to change, and China replaced the United States as the largest rare earth producer and exporter. However, due to Chinas rare earth management and other factors, rare earth prices have rebounded. The foreign rare earth new production capacity is about to increase production in recent years, and the global rare earth structure will change in the future. Through analysis of rare earth import and export, as well as rare earth prices over the past decades in three major trading countries, China, Japan and the United States, this article points out that the diversified pattern of global rare earth supply will be formed, and China will continue to be the main supplier of the worlds rare earth. China should abandon the practice of one to support the global market in the past, and create a harmonious international trade environment.

• Periodical: Advanced Materials Research (Volumes 734-737)
• Pages: 3324-3331
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.734-737.3324
• Online since: August 2013
• Authors: Ying Li, An Jian Wang, Jiang Wu Li, Qi Shen Chen
• Keywords: Rare Earth, Rare Earth Prices, Trade Structure

References

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[5] Information on http://www.usgs.gov/

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