The Conversation (0)
Wealth Daily reported on the increase in the price of light bulbs due to the rising value of rare earths.
Wealth Daily reported on the increase in the price of light bulbs due to the rising value of rare earths.
The market news is quoted as saying:
Unless you have a large stash of post-January 2012 bulbs lying around, you’ll be forced to pay even more as prices continue their upward trend. China has sent the price of compact fluorescent light bulbs soaring in the United States by closing or nationalizing dozens of the producers of rare earth metals used in energy-efficient bulbs and many other green energy products.