Rare earths prices show strength as illegal Chinese mines shut

By Laura Syrett
Published: Monday, 29 July 2013

Increases set to slow but market expected to remain steady in coming weeks

Prices for rare earths rose in July as Chinese government crackdowns on illegal domestic minescut overall production of the minerals.

Sources indicated to IM that a recent swathe of successful mine and plant closures, combined with reports that China’s State Bureau is planning to stockpile rare earths, have boosted...

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