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News Value and demand of rare earth metals on the riseApril 29, 2013 According to a report by Transparency Market Research, the rare earth metals market is on the rise. The report said that the global rare earth metals market should rise from $3.93 billion in 2012 to  $8.19 billion by 2018. The volume of the global rare earth metals demand is expected to reach 290 kilo tons by that year as well. This predicted boom in the demand and worth of rare earth magnets is attributed to the already massive number of applications that will only grow over the next five years.
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