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Title: Critical Minerals Gold Rush Rare Earths Emerge as the 21st Centurys Must-Have Assets
United States, 9th Jul 2025 - In a rapidly evolving global economy driven by technology and sustainability, rare earth elements (REEs) are swiftly becoming one of the most strategically vital commodities. Used in products ranging from electric vehicles and renewable energy systems to advanced defense technologies and consumer electronics, these critical minerals are now firmly positioned as must-have assets of the 21st century.Market projections indicate the rare earth elements market, currently valued around $7.2 billion, is poised to double by 2032, growing at a robust compound annual growth rate of over 10%. This surge is driven primarily by booming demand for powerful permanent magnets essential to electric vehicle motors and wind turbine generators, underscoring REEs' crucial role in global decarbonization efforts."Rare earth elements have transitioned from niche industrial metals to foundational resources for modern technological advancements," says industry analyst Jane Davidson. "Their strategic importance cannot be overstated, particularly as nations compete to secure supplies amid geopolitical tensions."Indeed, geopolitical dynamics, particularly China's dominance in refining and magnet production, have elevated rare earths from economic commodities to significant strategic assets. Recent trade restrictions and export controls have heightened concerns around supply chain security, prompting governments worldwide to prioritize the diversification and stabilization of rare earth sources.Prices for key rare earth metals such as neodymium, dysprosium, and terbium have risen dramatically, with some witnessing triple-digit percentage increases within a few years. Analysts predict continued upward momentum in prices as demand consistently outpaces supply.For investor...
This press release is issued by King Newswire