Commodity Market Report
Global rare earths investment horizon outlook - Q3 2023
This report is currently unavailable
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
The rare earths industry continues to evolve under the energy transition, with growth in key demand drivers for renewable technologies encouraging the development of new supply and expansions at existing operations. Wood Mackenzie expects the neodymium market to remain in a constant state of relative market tightness, fluctuating between short periods of surplus and deficit equivalent to +/- 2% of demand. Forecast prices for rare earths show diverging trends depending on their exposure to the permanent magnet industry. Key magnet elements have the strongest support from rapid and persistent demand growth from electric vehicles in particular. Non-magnet-related elements will remain subdued with a building oversupply and weak demand growth.
Table of contents
- No table of contents specified
Tables and charts
No table or charts specified
What's included
This report contains:
Other reports you may be interested in
Insight
Will Russian gas and LNG come back?
Three possible peace agreement between Russia and Ukraine and the implications on global gas and LNG markets and prices.
$950
Insight
Global oil cost curves and pre-FID breakevens H2 2023
Key Middle Eastern OPEC countries dominate low-cost supply both now and in the future
$6,000
