We are witnessing a rebound of the metal markets these days after the COVID-19 rattled the global market in most parts of 2020. This has been apparent especially within the rare earth sector as the global export has been increasing along with increased pressure on prices, particularly for the magnet materials. The prices of main rare earth magnet materials still continue to rise due to upstream bottlenecks and a strong resurgence of demand in China. Sector-wise, REE demand from wind turbines, EV/hybrid EV drivetrains and consumer electronics is expected to increase exponentially. Meanwhile, on the geopolitical front, there has been a number of developments at the national level, especially in China and U.S as the rare earths continue to be of interest for investors and governments around the world.

The dynamics for rare earths supply and demand remain uncertain with the COVID still around. REIA invites experts to ponder upon what is the rare earth outlook for the year ahead and beyond?