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    China Consolidates Grip on Rare Earths

    Investing News Network
    Sep. 16, 2011 03:39PM PST
    Rare Earth Investing

    The New York Times reported that China’s closure of several rare earth mines is hurting the industries that rely on REEs for their products.

    The New York Times reported that China’s closure of several rare earth mines is hurting the industries that rely on REEs for their products.

    The market news is quoted as saying:

    Most of the country’s rare earth factories have been closed since early August, including those under government control, to allow for installation of pollution control equipment that must be in place by Oct. 1, executives and regulators said.

    To read the full market news, click here.

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