Global Rare Earth Metals Market: Catapulting Demand for Permanent Magnets to Remain Key to Market Growth, Says TMR
The global rare earth metals market features a highly consolidated competitive landscape, limited number of suppliers, a low threat of new entrants owing to strict environment and mining related laws, and stiff competition in terms of raw material sourcing, observes a recent report by Transparency Market Research. With China taking the position of the leading producer of rare earth metals, a nearly 95% of the total global capacity, most of the world's leading rare earth metal vendors reside in the...
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