Cerium, for one, is
not a useable component of current permanent magnet creation, but nonetheless
is critical to the health of the industry. However, the way established markets
run for rare earth metals, sister minerals mined must be a significant factor
when calculating profit from mining operations. The current trends in rare
earth mining are the catch phrase elements of neodymium, samarium, dysprosium,
and terbium. These are the most common, seeing worldwide demand rising from
applications in mobile device production and demand. Cerium in the past had
been part of the targeted collection, but has been overtaken in particular by
neodymium and dysprosium.
noted before, the sales of related extracted materials are crucial to
maintaining a profit base for selling rare earth minerals, yet with demand
declining for cerium, as well as lanthanum, both byproducts of neodymium
mining, the profit margins are decreasing. Market management od supply and
demand is at work in this case, as hot rare earth metal prices stay constant,
and cerium prices dip from over supply and under demand. The balance is
therefore out of whack.
Balance of the Marketplace
most worldwide market, it is near impossible for manufacturers and miners to
effect a reasonable stability and control over fluctuations in supply and
demand, yet in the unique business of rare earth mining, this was miraculously
being able to be struck with the byproducts of mining being desirable on the
market as well. One may fluctuate in one direction, while the sister elements
traverse the market in another. It was a worthy system of debate and
inspection, but perhaps it is too lost at this point to pay much more attention
to. Modern economics simply requires an independent separation of supply and
demand in order for the larger scale economic functions to take place. Economic
nature is taking its due course.
Controlling the Marketplace
the past, two identifiable ways were rationally administered to at least
balance the weight of supply and demand economics. In terms of pricing, a
responsive market works to rationally rice point with consumer demand. The
higher the demand, the higher the price, though too high of a price and demand
drops as consumers find a more economically reasonable product. The second
factor is controlled supply, where quantities are withheld to artificially
raise prices, and this is what is happening currently with the Chinese rare
earth mineral market.
About Stanford Magnets.
Based in California, Stanford Magnets has been
involved in the R&D and sales of licensed , Neodymium magnets and
SmCo magnets, ceramic magnets, flexible magnets and magnetic assemblies since
the mid of 1980s. We supply all these types of magnets in a wide range of
shapes, sizes and grades.