Developing a world-class rare earth deposit in South Africa
Developing a world-class rare earth deposit in South Africa
Developing a world-class rare earth deposit in South Africa
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Rare Earths – Historical Supply<br />
Ch<strong>in</strong>a has dom<strong>in</strong>ated <strong>world</strong> <strong>rare</strong> <strong>earth</strong>s supply s<strong>in</strong>ce mid 1990‟s; currently controls<br />
97% of supply<br />
No <strong>in</strong>crease s<strong>in</strong>ce 2005 despite steadily <strong>in</strong>creas<strong>in</strong>g demand<br />
Ch<strong>in</strong>a‟s supply dom<strong>in</strong>ance likely to cont<strong>in</strong>ue<br />
Global Supply (tonnes REO)<br />
140,000<br />
120,000<br />
100,000<br />
80,000<br />
60,000<br />
40,000<br />
20,000<br />
0<br />
1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009<br />
Ch<strong>in</strong>a<br />
ROW<br />
Source: Roskill<br />
38 │
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