First private storage program for rare earths has been launched

ISE-LogoPressemitteilung des deutschen Instituts für rare earths und strategische Metalle vom 26.11.2013

 

26.11.2013 Dusseldorf - The British company First European Minerals, headquartered in London has launched a storage program for Rare Earths and Strategic Metals launched in cooperation with German companies. Both private and institutional buyers have the opportunity to buy these rare elements physically in German Industrial Standard, store and deal with.

As we all come to know still more about 90% all the rare earths from the Volksrepublick China. There Bedarf an den Elementen, the above all in high electric motors, in the semiconductor industry, in modern photovoltaic systems, Fiber optic cables, Laser- and LED industry increases are absolutely required annually by about 15%. At the same time, the People's Republic of sets an annual economic growth of 8% before. If the growth of the Chinese economy continues to rise linearly, so is the latest in years 2020 China auf nahzu 100% be its rare earth production relies.

Despite all efforts, a reliable delivery is not guaranteed. Recycling of rare earths is in the western world outside China a big issue. It is assumed that by the year 2020 about 30% of needs can be secured by recycling. More 30-40% will come from new funding sources. Despite these positive developments, a supply shortage will arise. This shortage of supply is up to the year 2025 be compensated by further development of recycling- and funding opportunities.

The difficulties in the promotion are first is the extremely long exploration times until a body discovered in the soil and measured. Second, the separation of the rare earths from its carrier material is a very dirty affair, which finds a line with the Umweltbewustsein the Western world under any circumstances.

It is in this upcoming issue, the First European Minerals sees urgent call to action. International politics has repeatedly discussed whether there should be national camp for these rare metals and elements at the state level. But the policy remains faithful to their line, not to interfere in the economy. To Large corporations sometimes build its own warehouse to these elements to an impending shortage oppose. However, what happens to the middle class, of not being able to a warehouse for several years should be placed on stockpile? The European demand for rare earths is huge and steadily growing.

Die Partner

The First European Minerals has been looking for this project known partners. Tradium in Frankfurt ist einer der größten Händler für Rare earth and metals in Europa. Tradium ist ISO 9001 certified and known in the business for always consistent quality. Metlock is a high-security camp, ebenfals in Frankfurt. The old air raid shelter from the Second World War has been extensively converted into a security camp, fulfilled over-all needs of the German insurer. The Institute für Seltene Erden und Metalle in Düsseldorf steht beratend zur Seite. From here receives the First European Minerals complete information about Rare Earths and their disposal / Demand in the near future. Using this information, the baskets are filled, which the applicant may acquire ultimately.

The Shopping Cart

The baskets are filled with dysprosium, Gallium, Germanium, Indium and terbium. These five elements have one thing in common, they are rare and it is expected delivery problems. Dysprosium is mainly used in high-performance electric motors. The magnets used with dysprosium keep even at high temperatures, their magnetic effect. The annual production of dysprosium is worldwide 500 Tons. Gallium is in the semiconductor, Solar-, Electronic- eingestetzt and LED industry. Worldwide increasing LED insert, a rapidly growing photovoltaic industry and the rapidly growing demand for mobile devices such as smartphones, Tablet computers and game consoles increased demand for gallium rise. Gallium is already very rare. The global consumption of 280 Tons of gallium comes from 78 Tons of annual production, 90 Tons of recycling measures and 112 Tons of reserves. Germanium is one of the rarest metals on earth. Without germanium there is no fiber optic cable or infrared optics. The annual production of germanium is only 140 Tons per year. Alone 100 Tons of the coveted metal come from China. At the same time, the Fraunhofer Institute goes up to the year 2030 of an eight-fold increase of the fiber optic cable needs from. Indium is used in display technology, and the thin-film photovoltaics. There currently are 1000 Produced tons of indium per year, of which comes from recycled half measures and 300 Tons come from China. The EU Commission has set indium supply shortages on the list of endangered technology metals. Terbium is used for the doping of semiconductors is used as an activator for fluorescent phosphors. The U.S. Department of Energy predicts a Medium-supply gap.

The sequence

The prospect has about the First European Minerals www.fem.uk.com all information relating to the storage program. Accordingly, the purchase- and storage contract orders the First European Minerals appropriate amount of rare earths and metals in the TRADIUM in Frankfurt, the goods then in the high-security storage Metlock, also brings in Frankfurt to store it there. After a minimum holding period of two years, the metals can be stored further, sold or picked up.

The Institute of Rare Earths and Metals is pleased to accompany this most exciting and innovative program advisory. Die First European Minerals hat die Zeichen der Zeit erkannt und reagiert mit entschiedenen Handeln.

 

This entry was posted in News, News of the corporations, the rare earth metals and, Rare earths General, Rare earth and recycling, Rare earth and the research, Rare earth and the international policy, Rare earth and the economy and tagged , , , , , , , , , , . Bookmark the permalink.

Comments are closed.