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[OCN Discussion] The real reason why Hard Disk Drives now cost so much. - Page 3

post #21 of 43
http://www.amazon.com/Neodymium-Magnets-inch-Bar-N48/dp/B001KV3Q0Y/ref=sr_1_6?ie=UTF8&qid=1331701380&sr=8-6
This is enough for many hard drives. I doubt WD and Seagate are paying more per volume than us consumers. I'm also doubting that these prices are the cause of a $50 premium on green drives. (I bought my 2tb greens for $70 each before all this happened)
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post #22 of 43
Well hard drives use many rare metals and minerals like platinum and naturally ocurring and very powerful magnets. The discs themselves are a mixture of mostly steel and platinum and the magnets are used to create the magnetic field to write upon the platinum and steel disc drive. So hard drives, even old ones use this type of technology and have a limited source of materials. Bu as was said there are deposits but because of china's cheap prices these mines shut down, I even believe there are a few very large deposits in america that could easily supply our demand for these rare minerals but the mines need to be started up and get back into production, but this takes a extended period of time to do so because of safety and getting funding until it becomes profitable.

These magnets are so powerful, if you stick them together where most of their surface area in contacting, you will have a very hard time pulling them apart, or you may not be able to without a pliers. They are kinda fun to play around with but they have to be handled carefully since they are just hugely powerful magnets that can wipe data very quickly. Hence degaussing wands being used to wipe drives.

Here is the wiki for one of the largest, it's currently modernizing and expanding so once it goes up and stars producing I suspect prices will drop dramatically, but then china might turn into a bunch of pricks and start exporting again to keep the majority of the market and force these newly opening mines to shut down because they drive prices back into the ground so to speak.

http://en.wikipedia.org/wiki/Mountain_Pass_rare_earth_mine


The mine closed in 2002, in response to both environmental restrictions and lower prices for REEs. The mine has been mostly inactive since 2002, though processing of previously mined ore continues at the site. In 2008, Chevron sold the mine to privately held Molycorp Minerals LLC, a company formed to revive the Mountain Pass mine.
Edited by Maelthras - 3/13/12 at 10:11pm
post #23 of 43
Quote:
Originally Posted by Oedipus View Post

I wish I could use myself as a news source.

lachen.gif
post #24 of 43
OP failure....

1) the rare earth restrictions affect more than just HDDs... but their prices have not risen as much.
2) China is already under WTO pressure to stop this. This would not affect the projected prices of HDDs 1-2 years in the future.
3) SEC filings and shareholders require HDD companies to provide forecast and information.

You are wrong. Rare earth prices have an effect on HDD prices, they are no where near this drastic.

You have not demonstrated any causation or even correlation.
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post #25 of 43
I used to buy materials such as those magnets in the past and random things that are interesting (yes I'm weird). All I'm saying is that prices of these materials haven't risen substantially even in orders that are mainly for fun such as on Amazon. Not even counting specialty locations that sell to businesses, this seems unsubstantial as an excuse. It's not impossible, or even difficult to find the current value of rare metals as well as their prices through history in the form of maybe a line graph or such. Being such a small portion of the total HDD construction cost, the prices of these metals have to have increased 10 fold (not an accurate number based on fact) for hdd's to be nearly double the price of what they used to be after most of the factories are back to 90%+ efficiency as before. Despite any excuses anyone or these companies make, greed still gets my vote.
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post #26 of 43
yep have heard China's stance on the rare earth materials as well, it is another big player.. NOTE though, floods are predicted by experts to return to Thailand this year as still alot of water is not drained away due to the nature of the basin thus water tables are still high and the heavy monsoon season is a month away, it may cause more minor disruptions..... Thai TV news last week
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post #27 of 43

The've been spouting this for years before hand, someone else doesn't really "read" the news me thinks

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post #28 of 43
I liked your story,,, smile.gif
post #29 of 43
Thread Starter 
Quote:
Originally Posted by stubass View Post

yep have heard China's stance on the rare earth materials as well, it is another big player.. NOTE though, floods are predicted by experts to return to Thailand this year as still alot of water is not drained away due to the nature of the basin thus water tables are still high and the heavy monsoon season is a month away, it may cause more minor disruptions..... Thai TV news last week

Did all of the HDD Plants get flooded?

Does Western Digital supply all of the parts for all HDD makers?

I'm not going to buy the floods are the main reason, I think greed is the main reason, they just needed something as justification to raise prices...

My article may not be accurate, indeed I may even be wrong, but then again, there has to be some reason why they suddenly jumped for all manufacturers..

I smell collusion and price fixing, that's what I'd like to really see get investigated.
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post #30 of 43
yea, lets blame china!!

they killed kenny too the bastards, and bambi.
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