While miners of REs are forced to export their concentrates to China for processing, the issue of the Chinese monopoly will not be solved. The Chinese only once restricted supply and that was to Japan alone. They have been very active however in undercutting the world price as a strategic move, that makes the building of new processing facilities a dicey economic proposition and maintains their monopoly position. Too cheap RE prices are more difficult to fight against than periodic or threatened restrictions on supply will ever be. The ROW does not have the luxury of unlimited government support that the Chinese producers have, so excessively low prices are the killer of competition.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)