rare earths are very common, but it is very, very uncommon to...

rare earths are very common, but it is very, very uncommon to find an economically viable deposit of it.

China produces 95% of world supply, with Russia and India producing 5%. China is severely reducing the supply of their rare earths to the rest of the world. They are doing this to force all users of RE to move their manufacturing to China.

for excellent summaries of RE's check the ARU website.

http://www.arafuraresources.com.au/documents/DevelopingAustraliasRareEarthsIndustry_000.pdf

and everything you want to know about ARU's Nolans bore project

http://www.arafuraresources.com.au/NolansFactSheets.zip

and all recent ASX releases.

ARU and LYC are Australia's 2 main RE plays. A few others have smaller very spec. RE deposits.

ps. I hold ARU.

choice