Rare Earth Market Fine Without Government Interference

The Heritage Foundation reported that governments need not intervene in rare earth markets.

As quoted in the press release:

The other feature of REEs that is often cited to justify government action is China’s supply dominance. The PRC is said to supply more than 90 percent of REEs as a whole, though this figure may now be declining. One reason for a decline is that, even before the temporary halt in October, Beijing had been seeking to restrict the output of various Chinese producers.

Click here to read the full Heritage Foundation report.