The Conversation (0)
Has China Missed a ‘Rare’ Opportunity With Rare Earths?
Aug. 26, 2011 02:46PM PST
Rare Earth Investing
BBC News reported that China’s rare earth export restrictions may cause the country to lose a major opportunity.
BBC News reported that China’s rare earth export restrictions may cause the country to lose a major opportunity.
The market news is quoted as saying:
Beijing has imposed a production cap of 93,800 metric tonnes for 2011 and said it will cut exports of the materials by 10% this year. That means the world is heading for a demand-supply imbalance.