Ann: Nolans Rare Earth Project Update , page-125

Remember Arafura deposit is very high in Neodymium


Rare Earth Supply


Global demand is expected to increase to approximately 200,000t per annum by 2015 leaving a significant opportunity for new sources of non-Chinese supply. Shortfalls are expected for certain rare earth oxides, particularly neodymium and heavy rare earths. According to Roskill projections, prices for the commonly traded, higher priced rare earth oxides are expected to show continued growth to 2015. In particular, europium, neodymium, terbium and dysprosium are expected to be in tight supply and their market prices will remain strong. Rare earth deposits with higher distributions of these rare earth elements are likely to have a meaningful commercial advantage. Western governments including the US, Europe and Japan are seeking to gain control of their own supply chains which are essential for their high tech industries. A forecast of the supply and demand to 2015 as forcast by Roskill is shown below.



http://www.frontierrareearths.com/industry-data/rare-earth-supply