The statistics of the rare earths industry

  • Author: Mark Tyrer, John P. Sykes
  • Published: Apr 25, 2013 - From issue: Volume 10 Issue 2 (April 2013)
  • Doi: 10.1111/j.1740-9713.2013.00645.x

Rare earths are essential to green technologies, but China supplies 98% of them. Some have risen in price 200‐fold – by 20 000%– in a year. Is China holding the world to ransom? A World Trade Organisation case is brewing. Rare earths are not rare, say Mark Tyrer and John P. Sykes; but it does need statistics to understand the likely outcome of the WTO case – and why the industry is important.

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