On the background of sluggish global economy, the rare earth market shows no signs of rebounding. Although the Chinese government has taken measures to enhance its management of rare earth market, prices of rare earth products continue to fall. At the same time, many countries plan to the enter rare earth market and many rare earth projects around the world are in progress. What lies ahead for the rare earth market? Join us at 4th Rare Earth Summit in Chengdu, Sichuan, China and to discuss the new challenges and opportunities of the rare earth market in 2013.
Downstream industries remain soft, when will they pick up?
Rare earth downstream industries, including NdFeB magnets, phosphor powder, catalysts, polishing powder and ceramics, have been soft since the second half of 2011. Many plants have reduced production volumes and end users turn to new substitutes to reduce the production costs. Downstream industries show no signs of reviving and insiders are pessimistic about the future market. With a lack of demand from end users, prices of rare earth products are perpetually on the decline. When will consumers return to the market? When will prices hit a bottom and when wll the market begin to see a recovery?
International market sees both challenges and opportunities, who can effectively manage risk amongst drastic changes in the international market?
Prices of rare earth products soared in the first half of 2011, leading to a “Rare Earth Boom” around the world. Many mining companies hoping to enter the rare earth market are working to develop a mature supply chain of rare earth out of China. What degree of impact will the emergence of rare earth production outside of China have on the international rare earth market? What kind of influence the European economic crisis had on the international rare earth market? Asian Metal invites industry participants from all fields to have a heated discussion about the reality and future tendencies of the international rare earth market as well as new chances for mutual cooperation in the future.
Comprehensive market forecasts and boundless opportunity
Asian Metal has invited Chinese officials to analyze the macro-economic development strategies and policy directions for the rare earth industry. At the same time, these industry experts will provide authoritative market outlooks for 2012.
Furthermore, Asian Metal has invited senior overseas officials to provide expert insight into the current global market situation as well as the relationship between demand and supply.
Asian Metal has also invited officials to comment on how to best cope with developments concerning the downstream industrial chain, avoid newly emerging market risks, and take advantage of arising opportunities.