New Platts rare earth assessments reveal security-of-supply premiums in North America

US consumers pay hefty premiums for rare earth metals sourced outside China, new alternative supply chain rare-earth price assessments launched by Platts on March 31 revealed. The US and other countries have tried to ramp up rare earths production in the face of Beijing’s tightening of supply availability. Rare earths are used in defense, electric vehicles, and they will be critical for use inUS consumers pay hefty premiums for rare earth metals sourced outside China, new alternative supply chain rare-earth price assessments launched by Platts on March 31 revealed. The US and other countries have tried to ramp up rare earths production in the face of Beijing’s tightening of supply availability. Rare earths are used in defense, electric vehicles, and they will be critical for use inRead More