China’s Rare Earth Dominance Seen Ending

Forbes reported that China’s monopoly over global rare earth supply could be shifting as other producers ramp up.

As quoted in the market news:

A major shift is taking place, and it’s possible that 15-20 percent of rare earth minerals could be mined outside of China by the end of 2020. In addition to loosening China’s stranglehold on the market, even a 10 percent shift in market share would have a positive ripple effect on the U.S. manufacturing and technology sectors.

Click here to read the full Forbes report.