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Manipulation of China’s Rare Earth Minerals Supply Could Backfire
Oct. 26, 2011 01:49PM PST
Rare Earth InvestingVoice of America reported that there are risks to China’s stranglehold on rare earth supply.
Voice of America reported that there are risks to China’s stranglehold on rare earth supply.
As quoted in the market news:
Unlike previous occasions when Beijing has manipulated supply, the world is now looking increasingly prepared to move away from its dependence on Chinese rare earths. Manufacturers, including Toyota and General Motors, are already developing processes that minimize the use of rare earths in vehicle design, says Matthew Fusarelli, head of research at AME.