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MarketWatch reported that a Ministry of Industry and Information Technology spokesman claimed China wasn’t trying to manipulate the price of rare earths.
MarketWatch reported that a Ministry of Industry and Information Technology spokesman claimed China wasn’t trying to manipulate the price of rare earths.
The market news is quoted as saying:
The prices of rare earths, a collection of 17 elements used in making hi-tech products such as iPads, mobile phones and military defense products, have surged manifold in the past two years.