Monday 20 June 2011

Rare earth prices surge as China tightens grip (AFP)

Soil containing various rare earths are loaded on to a ship at a port in Lianyungang, eastern China's Jiangsu province. Prices of rare earths have skyrocketed this year as China moves to consolidate the sector in order to tighten its grip over the highly coveted minerals used in high-tech products, analysts said on Monday.(AFP/File)AFP - Prices of rare earths have skyrocketed this year as China moves to consolidate the sector in order to tighten its grip over the highly coveted minerals used in high-tech products, analysts said on Monday.



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