China’s Grip Tightens on Rare Earth Metals

NuWire Investor reported that new underwater rare earth discoveries are not likely to impact China’s industry dominance.

The market news is quoted as saying:

Many analysts – and Western companies – breathed a sigh of relief this week when the World Trade Organization (WTO) ruled that China’s strict export policies on certain raw materials such as manganese, silicon carbide and yellow phosphorus, had broken global trade rules.

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