KETEP 세계에너지시장정보

Executive summary ................................................................................................................ 7 
 Introduction ......................................................................................................................... 15 
  What makes rare earth elements critical? .................................................................. 15 
  Objective of the report ................................................................................................ 16 
  Scenarios ................................................................................................................... 16 
  Chapter structure ....................................................................................................... 17 

Chapter 1. Market overview ................................................................................................. 18 
 Reserves .................................................................................................................... 18 
 Prices, market size and applications .......................................................................... 20 
 Rare earth value chain: From mine to magnets .......................................................... 25 
 Demand prospects for magnet rare earths ................................................................ 28 
 Production and supply chain concentration ............................................................... 30 
 
Chapter 2. The strategic importance of rare earths for economic security ..................... 34 
 Recent export controls and market developments ..................................................... 34 
 Potential economic impacts of supply disruptions...................................................... 37 
 
Chapter 3. Opportunities and challenges for diversification ............................................ 42 
 Needs for diversified rare earth supplies.................................................................... 42 
 Diversified supply project pipelines ............................................................................ 44 
 Supply and demand balances outside the top producer ............................................ 47 
 Opportunities for recycling ......................................................................................... 50 
 Investment ................................................................................................................. 52 
 Key challenges in advancing diversification ............................................................... 55 
 
Chapter 4. Pathways to secure and diversified rare earth supply chains ....................... 66 
 Potential for strengthened international coordination across the supply chain .......... 98 
 
Annex ................................................................................................................................... 101 
 Abbreviations and acronyms .................................................................................... 101 
 Glossary ................................................................................................................... 102