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China’s Rare-Earth Metal Monopoly Won’t Last: The Ticker
Aug. 01, 2011 02:53PM PST
Rare Earth InvestingBloomberg reported that many analysts believe China’s dominance in the rare earth sector won’t be permanent.
Bloomberg reported that many analysts believe China’s dominance in the rare earth sector won’t be permanent.
The market news is quoted as saying:
The data show that prices on cerium, a fuel additive, and lanthanum, used in fluorescent lamps, are about 500 percent higher in global markets than inside China.