Rare Earths - Worldwide
Worldwide- Production in Rare Earths is projected to amount to 353.39m kg in 2025.
- An annual growth rate of 4.30% is expected (CAGR 2025-2029).
Definition:
Rare earths elements, also refered to as Rare earth metals, are categorize as non-Ferrous industrial metals.
The market covers the production of 17 elements which are: cerium (Ce), dysprosium (Dy), erbium (Er), europium (Eu), gadolinium (Gd), holmium (Ho), lanthanum (La), lutetium (Lu), neodymium (Nd), praseodymium (Pr), promethium (Pm), samarium (Sm), scandium (Sc), terbium (Tb), thulium (Tm), ytterbium (Yb), and yttrium (Y). Out of these 17, the most produced Rare Earth metals are the lanthanides cerium, lanthanum, and neodymium.
These elements are extracted from underground mines and open-pit mines and In-sit leching processes. These metals are used in a variety of industries including renewable energy technology, EVs, military systems, Medical devices, Induatiral and consumer technology.
Additional information:
The market comprises productions and production growth rates. Data is only provided for the countries that are active in the above-mentioned markets. The markets only display B2B production.
- Light Rare Earth Elements which are Lanthanum (La), Cerium (Ce), Praseodymium (Pr), Neodymium (Nd), Promethium (Pm), Samarium (Sm), and Europium (Eu)
- Heavy Rare Earth Elements which are Gadolinium (Gd), Terbium (Tb), Dysprosium (Dy), Holmium (Ho), Erbium (Er), Thulium (Tm), Ytterbium (Yb), Lutetium (Lu), and Yttrium (Y)
- Scandium (Sc)
- Common metals such as iron, copper, aluminum, or nickel
- Other critical minerals like lithium, cobalt, or graphite
