Structure of world consumption of REE
Rare earth elements are used in various fields. For the production of catalysts takes 28%, the optics and glass — 23%, magnets — 18%. For the needs of metallurgy — 16%. In the production of phosphors used 7% of production of rare earth elements, ceramics — 4%. Other industries — 4%. Among the countries in the first place in terms of consumption of REE is Japan, followed by the United States, China and Europe. Japan, Europe and the United States prefer individual rare earth elements, and China consumes mostly undivided REE (as is required for catalysts in the oil refining industry).
After the decrease in demand for REE in 2001−03. once again, Japan is experiencing a recovery in consumption. In 2007, the demand exceeded the level of 1999 and amounted to 47 thousand tons, the Decline of consumption on REE was the result of a decrease in output cathode ray tubes of TVs and monitors. From imported bastnesite Japan produces 5 thousand tons of REE, and the rest (35−42 tons) imports. The share of imports from China accounted for 82 to 99%. The import is dominated by individual rare earth metals and cerium dioxide, essential for the production of catalytic neutralizing filter car exhaust.
In 2006−2007 the demand for REE amounted to 11−11,5 thousand tons Is below the level of 2001 to 15.1 thousand tons In the structure of demand of REE in the U.S. is dominated by automotive catalysts with 32%. Alloying additives in the alloy accounted for 21%, ceramics and polishing of a mixture of 14%, the phosphor is 10%, catalysts for the petrochemical industry 8%.
The level of demand for rare earth group in Europe is 11−13 thousand tons per year. In the structure of sectoral consumption is dominated by the catalysts for the petrochemical industry (46%) and polishing compound (32%). In Europe, the main consumer of REE — France, and among European corporations leading French firm Rhodia Electronics and Catalysis is specialized in the separation and refining of rare earth elements, as well as the release of a number of products that contain rare earth group.
The level of demand for rare earth group in China in 2006 was 62.9 thousand tons, and in 2007 to 80 thousand t (in recalculation on oxides). Moreover, China is characterized by growing demand and production of the final rare earth products. The increase in demand for alloys doped by rare-earth elements to Nickel-metal hydride batteries and for neodymium-iron-Bor sintered magnets was the result of production of hybrid electric vehicles. In China there are two main Corporation manufacturers of rare earth elements and metals — Southern Rare Earth Group, including 7 major complexes of rare earth in Jiangsu province, and Northern Rare Earth Group of the 10 major enterprises in the Baotou region.
The main part of the REE China exports (54 thousand tons in 2007). But in some industries (the manufacture of phosphors and magnets) have significantly increased domestic demand for REE, so in 2006 the volume of exports of REE from China declined. This was due not only to increased demand for these products in China, but also the tightening of environmental legislation in the country and the strengthening of state control over the extraction of raw materials. In 2006 exports from the country was limited to 45 thousand tons (10% compared to 2005). Not the last role in the decline in exports of REE was played by the abolition of the discount from the duties on exports in 2005 and increased the cost of export licences in 2006 To the autumn of 2006 it has grown compared to the spring of 30−60% (0,3−0,4 $ to 0.5 $ per kg). Since the middle of 2007, export duties on iron oxides, added a 10% export duty on metals, and up to 1.5−2 $/kg increased the price of export licenses. Since the beginning of 2008 the export duty increased by 15−25%.
To buy, price
In recent years, the cost of products based on rare earth metals has increased significantly. For example, terbium and dysprosium, which are traditionally little breeds, have increased in price more than twice. Demand for terbium has increased, particularly in connection with increasing additives in neodymium-iron-boron. The company «Electrocentury-steel» sells products based on REE 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 all necessary products for large-scale production. The products are certified. A wide selection of merchandise, comprehensive consultations managers, reasonable prices and timely delivery define the face of our company. Wholesale customers receive discounts.