The Conversation (0)
China’s Monopoly on Critical Metals Creates Opportunity for Investors
Jan. 25, 2011 12:33PM PST
Industrial Metals InvestingA panel of experts at the the first-ever Critical Metals Investment Symposium, hosted by Cambridge House International, said that China has a monopoly on rare earth elements, including tin and tungsten
A panel of experts at the the first-ever Critical Metals Investment Symposium, hosted by Cambridge House International, said that China has a monopoly on rare earth elements, including tin and tungsten.
The story is quoted as saying:
China is creating a rare-earth cartel,” Kaiser said, “by closing inefficient mines and nationalizing the production of key elements in order to meet its internal demand and to get a handle on how much ‘Back market’ material is being produced from the provinces.”