World reserves of REE and their prey

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Country Stocks (kt) Production (in tons)
2002 2003 2004 2005 2006 2007
China 27000 88000 92000 95000 119000 119000 120000
CIS 19000 2000 2000 2000 2000 -- --
USA 13000 5000 4500 -- -- -- --
Australia 5200 -- -- -- -- -- --
India 1100 2700 2700 2700 2700 2700 2700
Canada 940 -- -- -- -- -- --
South Africa 390 -- -- -- -- -- --
Brazil 110 200 -- -- -- 730 730
Malaysia 30 450 250 250 250 200 200
Sri Lanka 12 120 120 -- -- -- --
Thailand nd -- 2200 2200 2200 -- -- --
Dr. country 21000 -- -- -- -- -- --
Just 88000 98300 99100 102000 123000 123000 124000

Leading manufacturers

As the table shows, the largest reserves of REE are concentrated in China. The share of China have more than 90% of the world production of REE. It should be noted that the planned capacity of Chinese plants — about 180 thousand tons, ie in 2007 were involved in only 65% of capacity. First place for the production of REE is a plant in Baotou (Inner Mongolia province). In 2006 and 2007, this plant produced, respectively, were 46.6 and 55 tonnes of REE. Russian Association «SMZ» and American MolyCorp are leading, independent of China, importers of rare earth ores, and the Alliance SMZ — Silmet (Estonia) — mainly independent from China, importer of the finished product, set in 2007, 3.2 thousand tons of REE (calculated as oxides).

The prospects of supplies

Changes in the world market was caused by the steps taken by the Government of China in 2006 — 2007 was adopted, the quota for the production of rare earth raw materials in China in 2007 — 87 thousand tons, which accounted for 65% of the annual production of previous years, but Chinese manufacturers quota exceeded. According to estimates of «SMZ» in 2006 production of rare earth raw materials in China amounted to 119 thousand t (in recalculation on oxides). And in 2007 — 135 thousand tons (in terms of oxides), which came from 125 thousand tons of the final product. World consumption of REE of up to 130 thousand tons per year.

Use
The largest sector of the global consumption of REE — 28.5 per cent belongs to the catalysts for the petrochemical industry and the production of glass and polishing tools (24%). REE also in great demand in metallurgy, electrical engineering (production of rechargeable batteries), production of special ceramics. For production of catalytic filter-neutralizers of exhaust gases using cerium. For the production of magnets — dysprosium, neodymium, samarium; phosphors — yttrium, europium and terbium; and capacitor lanthanum; ceramics — yttrium, special optics — lanthanum and cerium. Cerium is also used for the production of high-tech abrasives. Gadolinium, dysprosium, lanthanum required to cover x-ray films.

To buy, price

The company «" sells rare earth metals at the best price. It is based bets on the London stock exchange non-ferrous metals and depends on technological features of production without the inclusion of additional costs. Here you can buy wholesale products necessary for large-scale production. A wide selection of merchandise, comprehensive consultations managers, reasonable prices and timely delivery define the face of our company. Wholesale customers receive discounts.

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