StudentShare solutions
Triangle menu

Rare earth-Business Globalization - Research Paper Example

Nobody downloaded yet

Extract of sample
Rare earth-Business Globalization

as shown at Fig-1.The same can be inferred from Table-1 showing the production of rare earth from 1983-2003.The geographical location of major rare earth mines are shown at Fig-2.China, which produced 120,000 tonnes or 97% of world output of rare earths in 2009, is undeniably the largest producer of rare earths globally, with India trailing far behind at a distant second place producing only around 2% of the global output(Humphries,6),(Rare Metal Mining, Nov 7,2010). The Baotou’s Bayan Obo mines in Inner Mongolia of China, containing 40,000,000 tonnes of rare earth oxides hold the largest estimated deposits of rare earths in the world, producing 55,000 tonnes of rare earths annually, which is more than 50% of rare earths presently extracted in China. Neodymium and Lanthanum are produced from left-overs of iron ores at these mines(Forbes.com). The US company Moly Corp at Mountain Pass, California is the topmost rare earth producing plant outside of China, with 6 tonnes daily output of rare earth oxides which approximates to 40-67% of rare earths extracted outside of Chinese mainland(Lifton J, Rare Earth Crisis-Part-1).
China, Japan, Korea and the EU are supposedly following a policy of maintaining reserves of rare earths. The European Union has identified as strategic and critical, 40 metals for safeguarding and stockpiling purposes( Lifton J, Rare Metals,5).China, has only recently embarked upon a similar policy of establishing and maintaining rare earth reserves to stabilize their prices. It has been reported that China has plans to store 200,000 tonnes of rare earth oxide reserves spread over 10 strategically located reserves(Deloitte,3). China appears to have become concerned about its rising domestic consumption of rare earths, fuelled by rapid industrialization of its metallurgical sector and consumer demands in varied other sectors such as wind turbine, and electronic goods such as cell phones, laptops and in green energy technologies. ...Show more

Summary

China, India, Brazil and Malaysia figured as the major rare earth producers in 2009, in that order, with China dominating the supply scene producing 97% of the total…
Author : meghansmith
Rare earth-Business Globalization essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the research paper on your topic
"Rare earth-Business Globalization"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Globalization
Moreover, there are assumptions that the economic globalization or integration of nationally based economics to form a single international economy via foreign direct investment, trade or capital flow or technology spread (Appadurai, 2000; Garrett, 2000).
3 pages (750 words) Research Paper
Globalization
Today’s information advances and the globalized economy have deeply and permanently reshaped the economic, educational, political, and social setting of the world. The once limited, slow, and conservative tempo of societal transformation has now become borderless, fast, and far-reaching.
10 pages (2500 words) Research Paper
Globalization
This paper explores concepts of globalizations and economic systems. Concept of globalization One of the fundamental concepts of globalization is its interconnectivity of different aspects across the globe, a feature that identifies shared characteristics that are transferred across developed international networks.
3 pages (750 words) Research Paper
Globalization
Globalization is simply an international process which arises from interchanging of products, ideas, world views and many other aspects of culture. This process has an effect on the culture, on the environment, on the political system, on the prosperity and development of the economy and also on the well being in the societies around the whole world (Globalization101, 2012).
3 pages (750 words) Research Paper
Globalization and Business IT
The proposed research study would facilitate the comprehend the prevailing scenario of global supply chain and the influence received by it owing to the influences of IT and globalisation with reference to FedEx. The research proposal has been designed to make a proper framework of research which can be followed and hence implemented for further processing of the proposed study. In order to complete this proposed research, a research question has been prepared for the proposed study.
12 pages (3000 words) Research Paper
Globalization
Certain foreign corporate take the advantage of this trade practices where domestic companies suffer. So, globalization has both the positive as well as negative impacts in various
4 pages (1000 words) Research Paper
Globalization
The once limited, slow, and conservative tempo of societal transformation has now become borderless, fast, and far-reaching. The new globalized economy has become dependently structured on modern and digitized
10 pages (2500 words) Research Paper
Earth journey
The theory begins to indulge the human mind by claiming that all biological processes and/or systems are connected and interconnected. It is this theory’s belief that the temperature, atmospheric content, and the salinity of the ocean are controlled
1 pages (250 words) Research Paper
Globalization
Other factors determining globalization include social features and political factors. The assessment of the named determinates provide analytic dimensions to asses globalization. A background evaluation points to an acceleration of globalization for
5 pages (1250 words) Research Paper
Globalization
For instance, globalization is essential for organizations because it enhances cultural integration and appreciation. This arises when students or workers admitted embrace different cultural backgrounds and they can freely share and
1 pages (250 words) Research Paper
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Click to create a comment