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    market news

    Rare Earths to Rally on China’s Extended New-Mine Ban

    Investing News Network
    Apr. 01, 2011 06:21PM PST
    Rare Earth Investing

    Bloomberg reported that rare earths may rally after China announced a ban on new mines for another year.

    Bloomberg reported that rare earths may rally after China announced a ban on new mines for another year.

    The market news is quoted as saying:

    China, the biggest holder of rare earths, has clamped down on mining while cutting export quotas to conserve resources and protect the environment.

    To read the full market news, click here.

    market newschina
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