08.07.2016 - Rare-earth prices fall as China postpones purchase plan
International spot prices for rare-earth metals are declining. At China's six major suppliers, production costs in mid-June began exceeding bid prices for these key materials that go into smartphones, hybrid vehicles and other high-tech products. At the same time, an upward price trend started losing steam. The prices of some major rare-earth metals had spiked in May and early June, but even these have started to fall. The price of terbium -- which is added to high-performance magnets to enhance heat resistance and is also a raw material in phosphor -- has dropped 21% from a month earlier to around $450 per kilogram...............................................Full Article: Source
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