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About 100 tonnes of dysprosium are produced worldwide each year, with 99 % of that total produced in China Dysprosium prices have climbed nearly twentyfold, from $ 7 per pound in 2003, to $ 130 a pound in late 2010.
According to the United States Department of Energy, the wide range of its current and projected uses, together with the lack of any immediately suitable replacement, makes dysprosium the single most critical element for emerging clean energy technologies-even their most conservative projections predict a shortfall of dysprosium before 2015.

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