Wall St. Cheat Sheet reported that increased supply of oil may have a negative impact on demand for rare earths.
Wall St. Cheat Sheet reported that increased supply of oil may have a negative impact on demand for rare earths.
The market news is quoted as saying:
Washington was beginning to wake up about the rare earth (REMX) crisis affecting our most critical industries. It is apparent that the West will not be relying on trade sanctions alone to counter China’s export cuts of critical rare earths.