As part of the REEsilience project, we are aiming to create a mapping of availability, prices and quantity development of different Rare Earth Element Sources.
To do so, we are making use of all available data derived from various sources of literature, industry as well as from interviews conducted with experts in the field in order to create a detailed inventory of primary and secondary sources. These can include virgin Rare Earth Elements that are of non-Chinese origin, but also coal and coal by-products or iron ore tailings.
Based on the data from the inventory, a system dynamics model will then be made in which the interactions within the supply chain will be analysed to assess possible future developments in supply and demand as well as possible price development.
The technical objective behind this project task is focused on illustrating Model resilient value streams of Rare Earth Elements for the production of Permanent Magnets in Europe. To achieve this, we mapped and categorised all existing and emerging sources of non-Chinese Raw Materials as well as secondary sources such as European apatite from fertiliser production.
