The Conversation (0)
Forbes reported that China’s monopoly over global rare earth supply could be shifting as other producers ramp up.
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.