Sobering reading!
"As opposed to earlier in the year, falling prices have failed to stimulate global demand for rare earth elements (REEs). The China Customs Statistics Information Center confirmed that exports of rare earth metals in China between January and October were recorded at 44,974 tons, a decrease of 8.2 percent year on year, according to a China Daily USA article. The value of exports over the same period declined 64 percent to $755 million, with exports in the first nine months not even reaching a third of the quota for this year, the lowest level recorded in a decade."
Full article cut and paste:-
http://resourceinvestingnews.com/47249-is-rare-earth-fund-enough-to-save-chinas-domestic-market.html?utm_source=Resource+Investing+News&utm_campaign=535adf3ceb-RSS_EMAIL_CAMPAIGN&utm_medium=email
ree dilemma
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