Agent-based modeling of supply disruptions in the global rare earths market

HIGHLIGHTS

• Rare earth supply disruption scenarios simulated with dynamic agent-based model.

• Results feature effects on individual rare earths, magnet supply chain, and trade.

• Dysprosium market significantly affected by curtailment of China illegal supply.

• Supply disruptions could foster new mine capacity that is not sustainable.

Source: Agent-based modeling of supply disruptions in the global rare earths market – ScienceDirect

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