Lynas Corporation, and Alkane Resources are key players in the global Rare-Earth Metals Market

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science-technology

Summary

The rare-earth metals market is dominated by major players such as Lynas Corporation (Australia), Alkane Resources ltd (Australia), Arafura Resources Ltd (Australia), China Minmetals Rare Earth Co Ltd (China), Avalon Advanced Materials, Inc (Canada), Iluka Resource Ltd (Australia), Canada Rare Earth Corporation (Canada).

Press Release

The Rare-Earth Metals Market is projected to grow from USD 5.3 billion in 2021 to USD 9.6 billion by 2026, at a CAGR of 12.33% during the forecast period.

Browse 99 market data Tables and 43 Figures spread through 156 Pages and in-depth TOC on “Rare-Earth Metals Market by (Lanthanum, Cerium, Neodymium, Praseodymium, Samarium, Europium, & Others), and Application (Permanent Magnets, Metals Alloys, Polishing, Additives, Catalysts, Phosphors), Region – Global Forecast to 2026”

The rare-earth metals market is dominated by major players such as Lynas Corporation (Australia), Alkane Resources ltd (Australia), Arafura Resources Ltd (Australia), China Minmetals Rare Earth Co Ltd (China), Avalon Advanced Materials, Inc (Canada), Iluka Resource Ltd (Australia), Canada Rare Earth Corporation (Canada). These players have adopted growth strategies, such as joint ventures and contracts to further expand their presence in the global rare-earth metals market.

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Lynas Corporation Ltd (Lynas Corporation) is a minerals explorer. The company offers rare earth oxides from mines. Its rare earths are a group of chemical elements with unique magnetic, luminescent, and electrochemical properties. Lynas Corporation’s rare earth elements includes europium, lutetium, lanthanum, samarium, scandium, yttrium, lanthanum, cerium, praseodymium, neodymium, dysprosium, lutetium, among others. Its products find application across aerospace, metal alloys, batteries, fibre optic technology, solar panel, lasers and glass colourant sectors. The company operates in Malaysia and Australia. Lynas Corporation is headquartered in East Perth West Australia, Australia.

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