Rare earth metals – 14% growth – 2015-2019

14% growth for Rare earth metals market during 2015-2019

Rare earth metals

A new study report from ReportsNReports forecasts 14% growth to rare earth metals market during the period from 2015 to 2019.

A new study report from Reports NReports forecasts 14% growth to rare earth metals market during the period from 2015 to 2019. According to the report, global demand for rare earth metals is projected to grow by 3.5% per annum to 149,500 tonnes in 2019. The automobile and electronic industries in China are likely to report increased demand for rare earth metals. Studies indicate that proper management of e-waste could produce more quantities of gold and silver than those obtained through mining. Recovery of rare metals from electronic waste will be a major contributor to market growth during the period under study.

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