Next Article in Journal
REE Incorporation into Calcite Individual Crystals as One Time Spike Addition
Previous Article in Journal
Rare Earth Element Fluorocarbonate Minerals from the Olympic Dam Cu-U-Au-Ag Deposit, South Australia
Open AccessReview

Global Potential of Rare Earth Resources and Rare Earth Demand from Clean Technologies

School of Civil and Resources Engineering, University of Science and Technology Beijing, Beijing 100083, China
*
Author to whom correspondence should be addressed.
Minerals 2017, 7(11), 203; https://doi.org/10.3390/min7110203
Received: 10 August 2017 / Revised: 16 October 2017 / Accepted: 18 October 2017 / Published: 25 October 2017
Rare earth elements (REE) are widely used in high technologies, medical devices, and military defense systems, and are especially indispensable in emerging clean energy. Along with the growing market of green energy in the next decades, global demand for REE will increase continuously, which will put great pressure on the current REE supply chain. The global REE production is currently mainly concentrated in China and Australia; they respectively contributed 85% and 10% in 2016. However, there are 178 deposits widely distributed in the world, and reported REE resources as of 2017 totaled 478 megaton (Mt) rare earth oxides (REO); 58% of these deposits contained exceed 0.1 Mt REO; 59 deposits have been technically assessed. These resources could sustain the global REE production at the current pace for more than a hundred years. It is noted that REE demand from clean technologies will reach 51.9 thousand metric tons (kt) REO in 2030, Nd and Dy, respectively, comprising 75% and 9%, while these two elements comprise 15% and 0.52% of the global REE resources, respectively. This indicates that Nd and Dy will strongly influence the development of exploring new REE projects and clean technologies in the next decades. View Full-Text
Keywords: global rare earth resources; rare earth demand; clean technologies global rare earth resources; rare earth demand; clean technologies
Show Figures

Figure 1

MDPI and ACS Style

Zhou, B.; Li, Z.; Chen, C. Global Potential of Rare Earth Resources and Rare Earth Demand from Clean Technologies. Minerals 2017, 7, 203.

Show more citation formats Show less citations formats
Note that from the first issue of 2016, MDPI journals use article numbers instead of page numbers. See further details here.

Article Access Map by Country/Region

1
Search more from Scilit
 
Search
Back to TopTop