Rare Earth Industry – How to Take Advantage of Opportunities

Abstract

The article analyzes the features of the formation and development of the industry associated with the extraction and processing of rare earth metals (REM). REM are widely used in modern high-tech devices and products. A distinctive feature of REMs is the integration of their extraction and production into global chains. At present, China has a dominant position in the REM supply market. This situation is a consequence of state policy, which includes a wide range of support and lobbying measures. Russia has one of the largest potential for the extraction and production of rare earth metals, but this potential is not being properly realized. The volume of extraction and production is small, and a significant part of the production is exported. Russia is forced to import many types of highly purified rare earth metals. Authors believe that the current economic situation – a change in the configuration of global REM value chains – creates a unique chance for Russia to bring potential opportunities in line with its real situation.

Un estudio de la competitividad exportadora de los principales productos mineros peruanos (2010-2019)

“…El análisis del comportamiento del dinamismo de los países importadores estudiados es de vital importancia ya que representan la fuente de ingresos por ventas en el extranjero y, para Perú, China se consolida como el principal mercado destino de los productos mineros estudiados debido a que la inversión extranjera directa en el sector minero en el Perú ha aumentado (Amos, 2013) ya que China tiene un plan nacional para fomentar el apoyo de la extracción de minerales metálicos en el mundo, especialmente en Latinoamérica (Kryukov et al, 2020) y todos estos factores impactan directamente en beneficio de los sectores de educación, salud e infraestructura (Landa, 2017).…”

Prospective industrial complexes in the Russian Arctic: focus on rare-earth metals

“…Much of the current literature focuses on the identification of existing problems and barriers associated with the exploitation of the rare-earth mineral resource base. These include the high level of environmental risks, the low level of economic efficiency of REM projects, the declarative nature of legal regulation, and low indicators of domestic demand for rare-earth products [16][17][18][19]. Meanwhile, despite of all the difficulties, national researchers agree that the development of rare-earth metal industry is essential to ensure the sustainable development of hightech industries [20].…”

Application of the Remote Interaction Effect and Molecular Imprinting in Sorption of Target Ions of Rare Earth Metals

“…The increased importance of REMs over the last 100 years is due to their unique properties, which have no existing analogues. This fact can be seen from the rate of annual growth of 13.7% (expected growth between 2017 and 2021) for the global REM market [1][2][3][4][5].…”