30 March 2011
The prices of rare earth material exported from China have already increased by 13% this week. Last week, they increased by 15% and by 14% in each of the two weeks preceeding this. This is due to the Chinese government restricting mining and export of rare earth materials and this looks set to continue for at least the next 18 months.
The link is to a Daily Telegraph article from 19 March 2011 which attempts to explain why the Chinese government are taking this action.
http://www.telegraph.co.uk/science/8385189/Rare-earths-why-China-is-cutting-exports-crucial-to-Western-technologies.html
Update: 13 June 2011 Our manufacturers are reporting that the price of raw neodymium has increased by 600% in the last 4 months.
Update: 10 January 2012 We are being advised by our manufacturers that the prices are stable now but that this is unlikely to continue through the coming months. | 
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