China Maintains Firm Grasp Over Rare Earth Markets

Seeking Alpha reported on China’s dominance in the global rare earth market.

The market news is quoted as saying:

In April, China did increase this year’s production quota of rare earths by 5 percent over 2010. However, the government took serious steps to clamp down on illegal mining operations that, through the black market, have added a significant amount of supply to a starving market.

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