Investor U reported that large consumers of rare earths are seeking to reduce their dependence on Chinese resources by signing deals with other suppliers.
Investor U reported that large consumers of rare earths are seeking to reduce their dependence on Chinese resources by signing deals with other suppliers.
The market news is quoted as saying:
The fact that end-user companies are getting to the point that they need to secure these contracts speaks to the desperation China’s causing. These end-users should benefit from better access and cheaper materials.