Dallas, Texas (PRWEB) January 30, 2013
Rare earths are a group of 17 metallic elements that have similar chemical structures with unique properties. Analysts have followed the rare earth market for more than 15 years, reporting on all the latest technical and market developments. During this period, consumption of these materials has expanded by a factor of three and many new products containing these elements have been introduced. This study highlights the details of the top ten companies and the details of their mines and products as well as technology advancements, executives and present financial situations of these companies. Some acknowledgement is made of how the geopolitical scene plays into the production and utilization of rare earths and the newer combinations of materials that are being investigated.
The first rare earths were discovered in the late 1700s, although commercial applications for these materials remained limited until the 1960s. During the last 50 years, due to the ongoing development of new applications, utilization of rare earths has steadily increased. Technologically advanced devices used in the automobile, defense, metallurgy, electronics and optoelectronics, chemical, energy, and other fields owe some of their outstanding properties to the presence of rare earths.
Once the United States was the world’s leading supplier but the mine was closed for environmental reasons. The Chinese then became dominant in production. The principal reason for doing this study is to provide an updated and comprehensive assessment of the rare earth producers, particularly as it relates to the evaluation of mining projects worldwide, current and future availability of rare earths, and the status of companies that may change the availability and pricing of rare earths.
Methodology and Information Sources
Both primary and secondary research methodologies were used to obtain market data and analyze the overall market and market segments. All tables of composite production evaluation are referenced to the original report AVM018G in January 2012.
The original global rare earths market analysis was performed by analyzing 127 suppliers of rare earths, accounting for at least 90% of the global market. Data for each company were obtained by thoroughly analyzing Security and Exchange Commission (SEC) filings, Internet websites, annual reports, industry directories, industry magazines and catalogs, government sources, and other public sources.
Additional data were obtained from the direct contribution of primary sources, including: company executives, managers, engineers and other technical personnel representing suppliers of rare earths and rare earth–based products; representatives of academia and trade associations; and industry market analysts.
Other sources of information include:
- U.S. Geological Survey (USGS).
- U.S. Securities and Exchange Commission Filings.
- U.S. Patent and Trademark Office.
- European Patent Office.
- Company websites.
- Company annual reports.
- Yahoo Financial.
- Hoover’s Company Information.
- S & P Industry Survey.
- Bloomberg’s Business week.
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