Rare Earth Metals Market Size & Share, by Type (Light, Heavy); Application (Electronics, Lighting, Semiconductors) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 5142
  • Published Date: Aug 10, 2023
  • Report Format: PDF, PPT

Companies Dominating the Rare Earth Metals Landscape

top-features-companies
    • Lynas Corporation (Australia)
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • China Northern Rare Earth Group (China)
    • Iluka Resources (Australia)
    • MP Materials (United States)
    • China Minmetals Corporation (China)
    • Arafura Resources (Australia)
    • Shenghe Resources Holding Co., Ltd. (China)
    • Alkane Resources Limited (Australia)
    • Great Western Minerals Group (Canada)
    • Indian Rare Earths Limited (India)

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • China Northern Rare Earth Group announced in May 2023 that it would invest USD 1 billion in a new rare earth processing plant in Inner Mongolia. The plant is expected to be completed in 2025 and it will have a capacity of 100,000 tons of rare earth concentrate per year.
  • Iluka Resources announced in May 2023 that it would expand its rare earths processing plant in Australia. The expansion is expected to cost USD 200 million and it will increase the plant's capacity by 50%.

Author Credits:  Smruti Ranjan, Rajrani Baghel


  • Report ID: 5142
  • Published Date: Aug 10, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing demand for electronics is the major factor driving the market growth.

The market size of rare-earth metals is anticipated to attain a CAGR of 8% over the forecast period, i.e., 2023 – 2035.

The major players in the market are Lynas Corporation (Australia), China Northern Rare Earth Group (China), Iluka Resources (Australia), MP Materials (United States), China Minmetals Corporation (China), and others.

The electronics segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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