Don’t Worry About Rare Earths
by Dana Blankenhorn (Renewable Energy World) …There are 17 elements classified as Rare Earths. Rare Earths aren’t really rare. It’s just rare to find them in commercial-grade ore.
China has lots of Rare Earths, and as part of its export-oriented economic policy it has been keen to export them. Until recently. Suddenly, for a variety of reasons (it’s dirty work mining it, domestic demand is soaring, they want better prices) China is cutting back its exports in this area. This has western analysts groaning, since China was allowed to gain a near-monopoly on this stuff because prices were so low. READ MORE