"2017 has been a very significant year for the rare earth sector with the global agendas of clean energy generation and the electrification of transport systems set to underwrite strong rare earth demand growth for many years ahead. The imminent surge in demand comes against a backdrop of restricted rare earth supply as China, which dominates global rare earth supply, continues to implement its 2016-2020 Rare Earth Development Plan. The Rare Earth Plan has seen a major consolidation and increasing regulation of the industry in China, which has tightened supply substantially, and will continue to do so."
Anthony Ho Non-executive Chairman GGG
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