×

We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Commodity Market Report

Global rare earths investment horizon outlook - Q4 2022

Get this report

$10,000

You can pay by card or invoice

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

23 December 2022

Global rare earths investment horizon outlook - Q4 2022

Report summary

Rare earth prices reached a turning point towards the end of Q3 and have since trended upwards, particularly in December as magnet manufacturers look to increase their inventories ahead of the early spring festival closures in January 2023. Rare earth demand has a positive outlook, driven by the use of permanent magnets in renewable technologies. As global efforts to decarbonise intensify, governments around the world are keen to establish diverse and secure supply chains. However, China is also investing internationally at upstream stages of the supply chain, highlighting its reluctance to relinquish market control. To facilitate long-term demand growth, expansions at existing operations and the development of new primary mining and refining operations will be crucial. We expect recycled supply to play an increasingly important role in supplementing primary production, particularly beyond 2030 as feedstock availability from end-of-life and swarf material improves.

Table of contents

  • No table of contents specified

Tables and charts

No table or charts specified

What's included

This report contains:

  • Document

    Global rare earths investment horizon outlook - Q4 2022

    PDF 755.06 KB