Rare earth fears become reality
Published: Thursday, 15 July 2010
China’s decision to cut annual rare earth exports by 40% will likely lead to supply shortages and surging prices for the rest of the world
Global fears over Chinese control of rare earth supply became reality this week as the country tightened its grip on exports for the second half of the year.
While many expected China the worlds rare earths production hub to cut exports gradually, the new quota announced last week...