Rare Earth: Recent Chinese Moves Only Support the Investment Thesis

Market Jigsaw Puzzle Blog reports that China has further tightened the rare earth noose as it has invoked a seldom-used mining law to take direct control of 11 rare earth mining districts in southern China.

The market news is quoted as saying:

China has been in the news with their export reductions over the last few months and this move, essentially, helps them enforce their export quotas.  Some feel that a large percentage of HREE production is illegal and can therefore take place under China’s radar.

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