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New energy booming push rear earths market
2014/11/14 14:27:06

On Nov 12th,Chinaand United State ofAmericareached an agreement on greenhouse gas emission.Chinahas promise to reduce the greenhouse gas emission, and expect not increase the amount in 2030; whileUSApromise to reduce 26.5% before 2025. And both countries declare that the new energy will be the most important way to reach this goal.

This news boosted the rear earth market, as many new energy industries need the dysprosium oxide and terbium oxide. The market of rear earth is expected to grow in next few decades.