Rare Earths: Rare Earths Funding Boom Could Cause Longer-Term 'Glut'

Markit3.73K FollowersFollow5ShareSavePlay(9min)CommentsSummaryA flood of cash is reshaping rare earths supply chains outside China and seeding the market for possible oversupply years from now, analysts told Platts.The deals have come fast and amounted to billions of dollars pouring into rare earths in just the past year.Governments in the US, Canada, Australia and elsewhere are pouring money in rare earth projects and setting pro-rare earths policies to counter China's sway in the market. BJP7images/iStock via Getty Images Rare earth elements have come under increasing focus owing to their criticality to defense equipment manufacturing and clean technology. China has monopolized this supply chain for over two decades and has not shied away from usingThis article was written byMarkit3.73K FollowersFollowIHS Markit (Nasdaq: INFO) is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide. The company delivers next-generation information, analytics and solutions to customers in business, finance and government, improving their operational efficiency and providing deep insights that lead to well-informed, confident decisions. IHS Markit has more than 50,000 key business and government customers, including 80 percent of the Fortune Global 500 and the world’s leading financial institutions. Headquartered in London, IHS Markit is committed to sustainable, profitable growth.