Research Article

Life Cycle Impact of Rare Earth Elements

Table 1

Bayan Obo iron ore composition and relative economic value of coproducts.

CommodityFraction in Bayan Obo deposit, % —Price per tone*, US$ —Normalised fraction, % —Share in economic value, %

Iron ore (hematite)33120.3584.332.87
RE oxides ( )6215400.0015.3393.31
Niobium ore (columbite)0.1341000.000.333.82
Fluorite (CaF2)20
Thorium oxide (ThO2)0.160
Phosporus oxide (PO4)0.860
Rest57.850

Prices are shown for the year 2009-2010. Prices estimated for iron ore [11], REO [12], and niobium ore [13].