Rare Earth Elements in High-Tech Industries: Market Analysis and Forecasts amid China’s Trade Embargo
Date of Publication: July 2021
Rare earth elements are used in CMP polishing slurries and as high-k dielectrics in the semiconductor industry. Prices of ceria, used in STI planarization slurries increased 1300% between 2009 and 2010 because of an embargo by China, home to 97% of the rare earth mines. This report analyzes the impact of the embargo on high-tech industries such as semiconductors, HDDs, LCDs, consumer products, and green technology.