Rare Earth Hunt Leads to Frontier Africa

Reuters Africa reported that Africa, Australia and Canada may be able to end China’s stranglehold on rare earths.

The market news is quoted as saying:

While all three have promise, Africa may offer the most potential, with geologists saying it has more than half the world’s deposits of carbonatites, a type of rock formation seen as prime hunting ground for rare earths.

To read the full market news, click here.