Commodity Market Report
Global rare earths investment horizon outlook - Q3 2023
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
Commodity Market Report
Global rare earths investment horizon outlook Q4 2023
Global rare earths investment horizon outlook Q4 2023
$10,000
Commodity Market Report
Global copper investment horizon outlook - Q3 2023
If the market is to satisfy copper’s energy transition demand requirements, new mine projects and higher scrap generation will be needed.
$10,000
Commodity Market Report
Global aluminium investment horizon outlook - Q3 2023
Short-term pain, long-term gain.
$10,000
