Rare earths prices remain high as automakers drive the demand

The automotive industry takes a major leap forward in the adoption of electric vehicle (EV) manufacturing, giving a push for Rare earth prices in the market. A lineup of battery-powered vehicles has been introduced by automakers such as Tesla, Ford, General Motors, Mercedes Benz, and Honda, among others in the last months.


Prices for rare earth metals are expected to continue to skyrocket as demand for thes...

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