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ArticleName International rare earth metals market and processing technologies: State-of-the-art and future prospects
DOI 10.17580/gzh.2015.02.11
ArticleAuthor Yushina T. I., Petrov I. M., Grishaev S. I., Chernyi S. A.

Author 1:
Name & Surname: Yushina T. I.
Company: Mining Institute, National University of Science and Technology MISiS (Moscow, Russia)
Work Position: Head of department
Scientific Degree: Candidate of Engineering Sciences
Contacts: e-mail:


Author 2:
Name & Surname: Petrov I. M.
Company: INFOMINE Market Research Group (Moscow, Russia)
Work Position: General Director
Scientific Degree: Doctor of Engineering Sciences


Author 3:
Name & Surname: Grishaev S. I.
Company: Ministry of Industry and Trade of the Russian Federation (Moscow, Russia)
Work Position: Head of division, Metallurgy, Machine Tool Building and Heavy Production Department
Scientific Degree: Candidate of Economic Sciences


Author 4:

Name & Surname: Chernyi S. A.
Company: Berezniki Division, Perm National Research Polytechnic Institute (Berezniki, Russia)
Work Position: Head of department
Scientific Degree: Candidate of Economic Sciences


The first part of the article offers a survey of the state-of-the-art in the area of supply and production of rare earth metals and their compounds in the world. The pattern of consumption of REM and their compounds by various high-technology industries is described. The authors present the matrix of price advance risk and short-term satisfying of REM demand in the world. The distribution of REM reserves and resources in the world’s largest deposits is analyzed. Exploitability of some known REM deposits is evaluated based on the analysis of combination of economic and technology factors. The change of the commercial and industrial policy of the world’s top REM producer — People Republic of China — is demonstrated. The external and internal REM market trends are generalized. The emphasis is made on evaluation of state and future prospects of the rare earth metal resource potential in Russia. 

This is the first part of the article. The final part will be published in “Gornyi Zhurnal” (“Mining Journal”), No. 3, 2015.

keywords Rare earth metals reserves and resources in Russia and the world, mineral dressing technologies, mineral processing methods, rare earth metal market

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