Dr. Harada Yoshida of the Japan Magnetic Materials Industry Association has called for the rare occurrence of the rare earth crisis.
China's rare earth supply accounts for more than 90% of the world. Data show that in 2011, China's monthly average price of rare earth metals and compounds rose from a maximum of 20 US dollars / kg at the beginning of the year to more than 170 US dollars.
In fact, China's rare earth industry is also a victim of soaring prices, as downstream demand shrinks to the upstream, thereby jeopardizing the survival of upstream companies; in addition, downstream industries are looking for alternatives, LED and lithium batteries have achieved barbaric growth. If, before 2013, LEDs replaced fluorescent lamps, and lithium batteries replaced nickel-hydrogen batteries, it was only a sign, so now the industry recognizes that this is a trend.
Zhang Anwen, deputy secretary-general of the China Rare Earth Society, revealed that in the future, rare earth luminescence applications may show negative growth that has not been seen for many years. Some people even think that fluorescent lamps will be replaced by LEDs. In the face of competition from lithium batteries and fuel cells, the growth rate of rare earth nickel-hydrogen batteries is slowing down. .
In the field of consumer electronics, lithium batteries quickly replaced nickel-metal hydride batteries. In addition, after 2010, the state supported the development of new energy vehicles, many companies launched lithium battery projects, the market entered a stage of vicious competition, the price of various products in the lithium battery industry chain fell rapidly in 2013, a decline of 20% to 30%. The price/performance advantage of lithium batteries is further revealed.
The downstream applications of rare earths are mainly in five fields: magnetic materials, nickel-hydrogen batteries, fluorescent lamps, petroleum catalysts and automobile exhausts; among them, nickel-hydrogen batteries and fluorescent lamps account for about 30%. Losing the market of nickel-metal hydride batteries and fluorescent lamps, the economic effects of rare earth supply enterprises will be affected. For example, rare earth fluorescent lamps have been replaced, and the market will reduce the demand for bismuth, antimony and antimony.
Zhang Anwen, deputy secretary-general of the China Rare Earth Society, said that the selection, smelting and use of rare earths is a community of interests that depend on each other and share the common interests. The upstream enterprises must have a reasonable and lasting view of profits, avoiding the squandering and fishing, in order to achieve a win-win cooperation in the whole industry chain.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
China's rare earth supply accounts for more than 90% of the world. Data show that in 2011, China's monthly average price of rare earth metals and compounds rose from a maximum of 20 US dollars / kg at the beginning of the year to more than 170 US dollars.
In fact, China's rare earth industry is also a victim of soaring prices, as downstream demand shrinks to the upstream, thereby jeopardizing the survival of upstream companies; in addition, downstream industries are looking for alternatives, LED and lithium batteries have achieved barbaric growth. If, before 2013, LEDs replaced fluorescent lamps, and lithium batteries replaced nickel-hydrogen batteries, it was only a sign, so now the industry recognizes that this is a trend.
Zhang Anwen, deputy secretary-general of the China Rare Earth Society, revealed that in the future, rare earth luminescence applications may show negative growth that has not been seen for many years. Some people even think that fluorescent lamps will be replaced by LEDs. In the face of competition from lithium batteries and fuel cells, the growth rate of rare earth nickel-hydrogen batteries is slowing down. .
In the field of consumer electronics, lithium batteries quickly replaced nickel-metal hydride batteries. In addition, after 2010, the state supported the development of new energy vehicles, many companies launched lithium battery projects, the market entered a stage of vicious competition, the price of various products in the lithium battery industry chain fell rapidly in 2013, a decline of 20% to 30%. The price/performance advantage of lithium batteries is further revealed.
The downstream applications of rare earths are mainly in five fields: magnetic materials, nickel-hydrogen batteries, fluorescent lamps, petroleum catalysts and automobile exhausts; among them, nickel-hydrogen batteries and fluorescent lamps account for about 30%. Losing the market of nickel-metal hydride batteries and fluorescent lamps, the economic effects of rare earth supply enterprises will be affected. For example, rare earth fluorescent lamps have been replaced, and the market will reduce the demand for bismuth, antimony and antimony.
Zhang Anwen, deputy secretary-general of the China Rare Earth Society, said that the selection, smelting and use of rare earths is a community of interests that depend on each other and share the common interests. The upstream enterprises must have a reasonable and lasting view of profits, avoiding the squandering and fishing, in order to achieve a win-win cooperation in the whole industry chain.
(This article is reproduced on the Internet. The texts and opinions expressed in this article have not been confirmed by this site, nor do they represent the position of Gaogong LED. Readers need to verify the relevant content by themselves.)
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