So basically China is trying to be the OPEC of rare earth...
omegadraco:So basically China is trying to be the OPEC of rare earth...
Don't part with your illusions. When they are gone you may still exist, but you have ceased to live.
Well at least they're trying to find new deposits within the U.S.A., but I know that china just wants to make as much profit as they can & don't care what they have to do, to do it. Although the greenies will be partly on the Baotau Steels side for a while, until they can get more of what they want for the greenies point of view. So looks like the prices of certain products will go up quite a bit even if those products don't have to that use those rare earth metals.
The price of Hard drives is already climbing quite a bit if you check it out. That didn't take long at all to manifest itself.
Yeah! I'll have to agree with you once again, but it is money that makes the world go around.
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