
About 124,000 metric tons of REEs were produced in 2009, with worldwide demand during this period estimated to be 134,000 metric tons -- the difference have been made up from existing stockpiles. By 2012, worldwide demand is expected to reach 180,000 metric tons while mining operations are not expected to keep up with demand in the near term.
To read the full, original article click on this link: The Rare Earth Element Crisis -- InformationWeek
Author: Thomas Claburn