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An end to China's monopoly on rare earth minerals (REMX) is in sight, Paul Martyn writes. North...
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Friday, June 8, 2012, 4:41 PM ETAn end to China's monopoly on rare earth minerals (REMX) is in sight, Paul Martyn writes. North America has quietly invested significant money and resources into the domestic mining of rare earths, he says, with 35 projects at various stages of development outside China; even a 10% shift in market share would have a positive ripple effect on U.S. manufacturing and technology.
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This news story has 3 comments:
Thanks, Dr. Abel Jacob, PhD
1. Actual Demand is being supplied so no scarcity is around, has you hear about problems related to rare's in Apple or Sony or Nokia etc.
2 in the past mines closed because costs not because scarcity.
3. A glut is coming 30 new ventures will arrive soon
4 prices depends on hard to boil buyers as Apple or Samsung etc, so don' t expect big prices
Try to sale and diversify is a trap
Rgds.