About Us

The global rare earth industry association (REIA) first of its kind was born out of a project (GloREIA), funded by EIT Raw Materials GmbH, a European commission sponsored organization.

REIA will contribute to capacity building for REE practitioners, via enhanced networking among stake holders worldwide, and a better understanding of rare earth value chain. The direct impacts will include the collective benefit of working towards more cooperation; thus, towards a conjoined and coherent approach towards raw materials policies and investments.

Impacts for the individual stakeholders will be increased knowledge and understanding of the issues at hand, better access to international networks including those of other stakeholder groups and other regions. This will lead to a more efficient and effective implementation of individuals’ activities. International agencies, regulators and policy makers will in particular appreciate the increased transparency of the complex maze of stakeholders and actors in this field. Research centres, universities and training centres will appreciate the improved access to the state-of-the-art knowledge about raw materials research, as well as international demands from governments and businesses for their research and capacity building efforts. Industry, in particular, small and medium sized companies, will increasingly benefit from a more accessible network from which they can tap into the latest scientific results, the latest plans and agendas from policymakers. The goal will be to ‘future proof’ REIA members from impacts on revenue, risk, and reputation.

REIA will work as a guiding partner in understanding the environmental and technological trends and market dynamics. One of the major barriers facing REE industry, particularly at the mining and processing stage, is community backlash and environmental disapproval. To make sure that the community is at ease, REIA will help educate the public and put the concerns of civil society groups first. Currently, investors and other actors in the innovation chain tend to shy away from investing in building an REE mine or other lengthy processes-- partly due to the long approval process--but the association members will benefit from this enhanced cooperation, which will allow them a better long term investment planning.

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Mission

GATHER the key REE stakeholders, best practices and, most importantly, life cycle data to state a common vision for for developing a Circular Economy in the Rare Earth Industry

CREATE operational synergies, methods, based on best practices, reports and data from previous projects and evaluations

SHARE vision, ambitions and objectives through collaborative research efforts, data and publications

Vision

The REE industry faces numerous obstacles such as inefficient recovery of rare earths from end users/end products, high environmental impact from production and processing and high volatility of the raw material prices. To combat these issues, REIA, concurrently gathers key supply chain actors already on the global market and share and create information which leads to an innovative REE industry of the future.