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Action needed to avoid rare earth shortage

Supplies of high-grade magnetic materials may be running critically low by 2025 unless OEMs develop technology to become less dependent on heavy rare earth elements, delegates at the Roskill rare earths symposium heard this week.

Action needed to avoid rare earth shortage Action needed to avoid rare earth shortage Action needed to avoid rare earth shortage Action needed to avoid rare earth shortage Action needed to avoid rare earth shortage

From L-R, Nils Backeberg, Henry Stienen and Andrew Hine

"I think up to 2025 based on the numbers we see the industry is looking okay - there's enough material, there's enough processing capacity - the industry is geared up for this," Roskill's Nils