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Stock impact report

Rare Earth Metals Market Projected to Reach USD 16.26 Billion by 2032 | Increasing Demand in Electronics and Renewable Energy Driving Growth [Yahoo! Finance]

Energy Fuels Inc Ordinary Shares (Canada) (UUUU) 
NASDAQ:AMEX Investor Relations: energyfuels.com/investors
Company Research Source: Yahoo! Finance
materials in various industries, including electronics, automotive, and renewable energy. Austin, March 04, 2025 (GLOBE NEWSWIRE) -- The rare earth metals market is projected to reach a valuation of USD 16.26 billion by 2032, expanding at a compound annual growth rate (CAGR) of 8.75% from 2024 to 2032. The market is mainly driven by the essentiality of rare earth metals technology. As the world pivots more towards EVs, wind turbines, and sophisticated electronic gear, the demand for neodymium, praseodymium, dysprosium, and terbium has risen sharply. All of these are needed for the manufacturing of high-performing magnets used in motors, generators, and other electronic parts. Moreover, government policies encouraging the shift towards green energy solutions, as well as limiting the carbon footprints, have further boosted investments in the extraction and recycling of rare earth metals. Concerns over supply chain constraints and the environmental impact are being met by expanding r Show less Read more
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