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Praseodymium Samarium Samarium Scandium Terbium Thulium Ytterbium Yttrium 1 Price for 2 Price for 96.00 20 99.90 25 99.99 25 99.99 1 99.99 5 99.90 5 99.00 10 99.99 50 36.80 360.00 435.00 6,000.00 535.00 2,300.00 340.00 88.00 10.9.2 Outlook quantity greater than 40 kilograms is $900.00 per kilogram quantity less than 10 kilograms is $485.00 per kilogram The demand for rare earth minerals is expected to increase as demand for products such as automobiles, computers, electronics, and portable equipment grow. Rare-earth markets are expected to require greater amounts of higher purity mixed and separated products to meet the demand. Growth in autocatalysts has been strong in response to legislation on lower emission levels, and between 1997 and 2000 the demand for rare earth magnets grew at 21 percent per year in spite of the uncertainties created by the financial crisis in Asia. Over the past 5 to 6 years China has increased its dominance of the world market, supplying an estimated 95 percent of world demand in 2003. World reserves are believed to be sufficient to meet forecast world demand well into the 21st century. Several world class rare earth deposits in Australia and China have yet to be developed because world demand is currently met by existing production. The long-term outlook is for an increasing competitive and diverse group of rare earth suppliers. As research and technology continue to advance the knowledge of rare earth minerals and their interactions with other elements, the economic base of the rare earth industry is expected to continue to grow. New applications are expected to be discovered and developed. 10-40PDF Image | Fuel Cell Handbook (Seventh Edition)
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