Hexa Research forecasts $10.96B global rare earth elements market by 2020
Green Car Congress
AUGUST 25, 2015
will drive global market growth, resulting in a global rare earth elements market reaching $10.96 Phosphor is essential to manufacture of consumer electronic components such as LCD screens and CRT displays. China, with more than 93% of the global production, was the largest producer of neodymium in 2012.
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