from page 6 of the Lynas 30 June 2016 Quarterly Activities report:
Dysprosium and Terbium price variations are mainly driven by speculation, as those elements remain important components of permanent magnets, especially for environmentally-friendly motor vehicles and high power density wind turbines. End use demand for Dysprosium and Terbium is increasing, and production from ionic clay deposits in Southern China continues to create environmental concerns. These factors influenced Lynas’ decision to stockpile SEG, with the aim of capturing upside value as demand grows in the future.
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