Another article pointing to higher RE prices now that China is...

Another article pointing to higher RE prices now that China is cracking down on illegal mining and improving environmentally sound mining.

https://www.newsecuritybeat.org/201...usting-true-cost-rare-earths-decarbonization/

The U.S. Department of Energy andEuropean Union have both issued warnings of impending rare earths shortages. Medium and heavy rare earths, mined almost exclusively in China at the moment, top the list with the highest risk of shortage.

Years of pollution suffered as the world’s dominant supplier of rare earths have taken their toll on China’s soil, water, and people. In some cases, ponds of untreated tailing slurry have led to severe radioactive contamination. As the government begins cracking down on illegal mining and black markets and increasing environmental regulations, operation and compliance costs are going up.

In the years ahead, China may struggle to meet domestic demand for rare earth minerals, much less global, even as momentum for “green” technologies increases, according to a report from China Water Risk.