Excerpt from Wall Street Journal
"China has been tightening controls on exports from its mines since last year by raising the threshold for entry, imposing stricter environmental standards and slashing export quotas. That has driven the price of the elements up: The basket price for rare-earth materials in Australia's Mount Weld deposit hit $204.85 a ton on Monday, up from $10.32 a ton in 2009."
Actually its $204.85 per kg not per ton. In any case, as the price is quoted in kg, its per tonne not per ton. Per ton is an imperial measurement.
Its all rubbish, they all got the reports from the same source and they all ran with it.
No idea
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