Rising Demand for Rare Earths: Lynas Increases Revenue and Profit
Supply chain diversification trend benefits Australian producers.
Supply chain diversification trend benefits Australian producers.
With China celebrating the Lunar New Year, industrial activity in the country is taking a breather, and with it, lots of the critical minerals markets.
Patents from the energy sector now outnumber those from chemistry, pharmaceuticals, or transport, according to a new report by the International Energy Agency.
The subcontinent holds largely untapped reserves of critical raw materials, while the European country is expanding its downstream industry.
Critical minerals activity eased ahead of the Chinese Lunar New Year.
The Sokli deposit contains critical minerals such as phosphate, rare earth elements, and manganese. Pilot production is set to begin in the coming years.
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