"The (Chinese) government has approved the mining of 2,000 metric tons of rare earth oxides a year in Guangdong, but actual production surpassed 40,000 metric tons because of illegal mining."
http://www.miningaustralia.com.au/news/chinese-crackdown-on-illegal-rare-earth-mining
If this is accurate and mining of rare earths in China is even 10 times bigger than official figures, does anyone really know how big the market is globally? We've always known illegal mining in China is rife but not to this extent.
"The (Chinese) government has approved the mining of 2,000...
Add ALK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
50.0¢ |
Change
-0.005(0.99%) |
Mkt cap ! $301.7M | |||
| Open | High | Low | Value | Volume |
| 51.5¢ | 51.5¢ | 48.0¢ | $944.9K | 1.900M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 134206 | 50.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 7500 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ALK (ASX) Chart |