ecib: It was really just a matter of time before more mines reopened. Rare earth materials are anything but rare, and are found all over. The only reason we stopped producing them was because they were so dirt cheap from China. They raise prices and constrict supply? Ok. The mines reopen.

It's interesting to note that in this case, letting the market decide the price is a strategic liability that is costing the US jobs, and US companies untold millions (billions?) in stolen IP as China uses government policy to use rare earth minerals as incentives to have our firms move their manufacturing to China.


posted 4366 days ago