jack lifton and neodymium, page-18

Only New North American Rare Earth Production Could Make It Possible For Toyota To Save General Motors. Will The Anti-Mining Lobby Allow The Curse Of Lithium To be Lifted By The Wizards Of Lanthanum?
May 25, 2009

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Today, in May 2009, essentially all of the world's lanthanum, neodymium, praseodymium, dysprosium, and terbium come from the People's Republic of China. These rare earths are growing in demand for products made in and for the Chinese home market. China itself was facing a shortfall of rare earth metals that was expected to occur in 2011-12. Recently Chinese companies bought two Australian miners, Lynas and Arafura, both of which were about to enter operations to produce, and in the case of Lynas, refine, large quantities of rare earths. These acquisitions have given the Chinese a breather on their own shortfall of rare earths pushing the date for such an event into the period of the five year plan after the next.

It is very unlikely that China would agree to provide new supplies of rare earths to Toyota before satisfying her own domestic demand....