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 – Supply/Demand Forecasts<br />
Demand projected to grow at 10-15% CAGR from 2010 to 2015<br />
Ch<strong>in</strong>a‟s domestic demand cont<strong>in</strong>ues to <strong>in</strong>crease faster than its supply<br />
Supply deficit widely forecast<br />
55kt of REO required from non-Ch<strong>in</strong>a sources by 2015, up from 5kt <strong>in</strong> 2010<br />
Significant opportunity for new producers<br />
Global Supply and Demand (tonnes REO)<br />
225,000<br />
200,000<br />
175,000<br />
150,000<br />
125,000<br />
100,000<br />
75,000<br />
50,000<br />
25,000<br />
0<br />
2004 2005 2006 2007 2008 2009 2010f 2011f 2012f 2013f 2014f 2015f<br />
Ch<strong>in</strong>a supply ROW supply Ch<strong>in</strong>a demand ROW demand Total demand<br />
Source: Roskill<br />
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