Anthony Alfidi Discusses Rare Earth Outlook

Business Insider reported an interview with Alfidi Capital CEO Anthony Alfidi.

CEO Alfidi said:

I believe rare earth elements prices will continue to fall. They had a run-up until this summer, primarily based on Chinese export restrictions and the enthusiasm that some speculators had for the sector. But those conditions are both absent now. I believe that economic fundamentals are weakening around the world and the resulting credit crunch will hurt trade, finance and manufacturing.

Click here to read the full Business Insider report.