Rare Earth Metals Market - Top Companies and Manufacturers

Companies Dominating the Rare Earth Metals Landscape

Lynas Corporation (Australia)
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
China Northern Rare Earth Group (China)
Iluka Resources (Australia)
MP Materials (United States)
China Minmetals Corporation (China)
Arafura Resources (Australia)
Shenghe Resources Holding Co., Ltd. (China)
Alkane Resources Limited (Australia)
Great Western Minerals Group (Canada)
Indian Rare Earths Limited (India)

Browse Key Market Insights with Data Illustration:

Rare Earth Metals Market Size, Global Forecast Report 2025-2037

In the News

China Northern Rare Earth Group announced in May 2023 that it would invest USD 1 billion in a new rare earth processing plant in Inner Mongolia. The plant is expected to be completed in 2025 and it will have a capacity of 100,000 tons of rare earth concentrate per year.
Iluka Resources announced in May 2023 that it would expand its rare earths processing plant in Australia. The expansion is expected to cost USD 200 million and it will increase the plant's capacity by 50%.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of rare earth metals is assessed at USD 12.57 billion.

The rare earth metals market size was valued at USD 11.78 billion in 2024 and is set to reach USD 33.5 billion by the end of 2037, expanding at around 8.3% CAGR during the forecast period i.e., between 2025-2037. Increasing demand for electronics will drive the market growth.

North America industry is anticipated to hold the second largest share by 2037, owing to rising demand for rare earth metals in various high-tech applications in the region.

The major players in the market include Lynas Corporation (Australia), China Northern Rare Earth Group (China), Iluka Resources (Australia), MP Materials (United States), China Minmetals Corporation (China), Arafura Resources (Australia), Shenghe Resources Holding Co., Ltd. (China), Alkane Resources Limited (Australia), Great Western Minerals Group (Canada), Indian Rare Earths Limited (India).

Rare Earth Metals Market - Top Companies and Manufacturers

Companies Dominating the Rare Earth Metals Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How much is the rare earth metals market worth?

Why is the demand for rare earth metals growing?

Which region dominated the majority of rare earth metals industry share?

Who are the top rare earth metals companies?