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The Cost of Fluorescent Lighting Continues to Increase


According to major lamp manufacturers, the cost of fluorescent lighting continues to grow due to the shortage of rare earth metals. The prices are expected to increase between 5 to 75 percent, depending on the following factors: lamp tube, lamp color, color mix, wattage and diameter.

The price increase, which is expected to be as much as 1,000%, will be applied starting this November.

The main problem is that China, which produces 97% of the world’s rare earth metals, has recently reduced the production and increased the mining taxes of those elements.

Currently, the global production for rare earth elements is approximately 124,000 tons a year and the demand is 134,000 tons a year. That’s a deficit of 10,000 tons/year.

According to the U.S. Department of Energy 2010 Critical Materials Strategy Summary “China is only predicted to produce 160,000 tons/year in 2014, leaving a deficit of 40,000 tons/year.”

However, the analysts are also optimistic, believing that the situation may actually get better in 2014 when relief will come from new mines and processing facilities.

[via Cleantechnica]

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