CommanderFrank
Cat Can't Scratch It
- Joined
- May 9, 2000
- Messages
- 75,399
China controls 95% of the world’s rare earth deposits and is preparing to take measures to control the fluctuating prices with strategic buying and selling of the minerals vital to the electronics industry.
Domestic demand for rare earths tumbled last year after Beijing tightened controls over production and mining and many separation plants closed down after customers retreated from the sky-high prices