The Conversation (0)
Rare Earths to Rally on China’s Extended New-Mine Ban
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.