“As a result, the Chinese government is cracking down on illegal and environmentally harmful rare earth mining operations but the illegal mining is very widespread and difficult to control. It will be interesting to see how the Chinese crackdown effects world supply as China provides the vast majority of processed rare earths used in the world today…”
Thanks for that .. cant help thinking that some in our forum will spin that as the ‘evil’ Chinese empire trying to manipulate supply and prices of REs … instead of them trying to correct a bad thing/process to move forward ..
LYC Price at posting:
$7.15 Sentiment: Hold Disclosure: Held
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