More than 90% of global rare earth rely on exports to the mainland, because of the recent, announced a drastic reduction of export quotas of rare earth metals, the industry estimates will result in manufacturing LED, LCD panel, the tight supply of raw materials.
With rare earth metal compounds or ions distribution in surface minerals, chemical transition elements on the periodic table of the IIIB family, containing scandium (Sc) and yttrium (Y) and 15 a total of 17 kinds of lanthanide elements. For the manufacture of LED, LCD panel, touch panel, hybrid electric vehicle motor, DVD and other high-tech products indispensable raw materials.
, because rare earth is rich in resources, low smelting cost, currently more than 90% of global rare earth supply by the mainland.
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