$UURAF According to Zion Market Research, the global rare earth market will grow in value from $8.1 billion in 2018 to more than $14.4 billion by 2025.
The global rare earth market will grow in value from $8.1 billion in 2018 to more than $14.4 billion by 2025 as demand for electric vehicles, cellphones and other products rise.
neodymium, when combined with iron and boron, makes a powerful magnet that’s used in cellphones, headphones, electric-vehicle motors and more. Lanthanum is used in lighting and camera lenses; cerium is used in self-cleaning ovens.
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