After the Hype, on to the Next Crisis? How to Achieve Sustainable Rare Earths Supply
Professor Dudley J. Kingsnorth, Centre for Research in Energy and Mineral Economics, Curtin University, Western Australia; and Executive Director, Industrial Minerals Company of Australia
The speaker will discuss the trade spat between China and the West over rare earth metals. China’s virtual monopoly on rare earths production and its attempts to curtail exports have contributed to a global supply crunch, leading to tensions with Western powers.
Even though new mines are being opened in response to the shortages and prices have receded from their peak in July 2011, Professor Dudley J. Kingsnorth argues that global supply of some rare earths could remain precarious over the next decade. He will also discuss the broader lessons for governments and businesses to ensure future supply security for rare earths and other critical raw materials.