Reuters: China Vows Not To use Rare Earths As Leverage
China said on
Thursday it will not use its dominance of supplies of rare earths as a
bargaining tool with foreign economies, and the United States said it
hoped trade in the high-tech ores would continue as normal.
China has slashed export quotas and reduced shipments to Japan, igniting international concern that it could use rare earth exports as an economic or political lever. Prices have spiked and mining firms are rushing to develop sources of the minerals outside China.
Read the entire article here.
China has slashed export quotas and reduced shipments to Japan, igniting international concern that it could use rare earth exports as an economic or political lever. Prices have spiked and mining firms are rushing to develop sources of the minerals outside China.
Read the entire article here.
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