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Rare-Earth Metals, China's Global Supply Domination

http://www.china-defense-mashup.com/rare-earth-metals-chinas-global-supply-domination.html

This is a short summary article on where current China REEs policy stands.

You will also find most recent related posts at end of articles of which China's Rare Earth Monopoly to be ended is of particular interest to me.

Highlights:

Last year, the world's rare earth market was worth about $2 billion. Between China's export quotas and increasing demand ? which is forecasted at about 180,000 tons next year ? the rare earth market could approach $9 billion by 2012.

The problem is that China currently controls 97% of the world's rare earths, producing about 120,000 tons per year.

But last year, it reduced its export quotas. And this past December, it did it again.

Given the numbers mentioned above, rare earth mining companies all over the world are seeing increasing opportunities.

(But of course, you had probably heard or read most of these by now. Happy reading for the rest.)


Related Posts that was shown while I was there:
China to publish new regulations on rare earth minerals (0)

6 Recommendations to reduce America's dependence on Chinese Rare Earth (0)

Analysis: Investors get picky in rare earth race (0)

Rare-earth shortage? Afghans think they can help (0)

China's Rare Earth Monopoly to be ended (0)

Will Gates address Chinese rare earth strong arming? (0)