Global Rare Earth Metals Market Set to Double by 2034 as EVs, Clean Energy Drive Demand

By on    REPORTS  

Global Rare Earth Metals Market Set to Double by 2034 as EVs, Clean Energy Drive Demand

The global market for rare earth metals is poised for sustained expansion over the next decade, driven by accelerating demand from electric vehicles, renewable energy systems, advanced electronics and defence applications, according to a new industry report released on Wednesday. The global rare earth metals market was valued at $18.2 billion in 2024 and is […]

Rare Earth Industry Review: Market Conditions In 2025

By on    REPORTS  

Rare Earth Industry Review: Market Conditions In 2025

The global rare earth industry in 2025 entered a markedly different phase compared with a decade earlier, shaped by geopolitics, accelerating energy transition demand and sustained efforts to reduce dependence on China-dominated supply chains. What had once been a cyclical niche market increasingly took on strategic significance for governments and manufacturers alike. China remained the […]