China's rare earth minerals

Discussion in 'Strategic Defense' started by ABC78, Sep 3, 2009.

  1. ABC78
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    ABC78 Junior Member

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  2. Spike
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    Spike Banned Idiot

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    I saw an article about this in Bloomberg:

     
  3. tphuang
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    tphuang Brigadier
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    It's really not as big of a deal as they mentioned. If China stops exporting these minerals, the other countries can just mine their own reserves. The only reason China started to dominate is because China started to basically dump it in the market at below the production prices for other countries. US can start their REE production at any time at higher prices. There really is no reason for China to continue to dump this in the market and suppress the prices.
     
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