Tuesday, February 1, 2011

No acute care gap in rare-earth

bismuth crystals: the case of metal commodities from the group of rare earth has existed since the beginning of no acute shortages of everything for the German economy. When metal raw materials from the group of rare earths, there is no acute supply shortages since the beginning of everything for the German economy.
This concern was previously developed after the main supplier of China adopted tighter export restrictions and had announced further restrictions. The newly founded German commodity Agency (DERA) no longer speaks of an impending "crisis care".



The agency would be available any information that German companies are currently suffering under supply gaps, the DERA-geologist Harald Elsner said Tuesday the news agency in Bonn. "But there is still no clear signal." The situation remains critical in the coming years, with some so-called heavy rare earths, especially in dysprosium for magnet production.

The Bonn-based distributor of rare earth, Gunther Maassen, who is directly with Chinese authorities in the business, told the AP that the situation is the restriction of supplies to Beijing but "tense", but the problems are solvable. "We have no immediate problems or supply shortages."

Rare earths are used in many modern high-technology products like mobile phones, computer chips, and screens. China is in a quasi-monopoly, some 97 percent of world supply. The German economy and the federal government had expressed concerns about possible shortages.