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China’s Rare Earth Metals – Environmental Protection or Protectionism?

China’s share of the discovered Rare Earth Metals (REMs) in the world is staggering.

img courtesy NYTimes (click to view article)

Unlike other resource rich countries, China’s REMs mining are nearly completely controlled by State Owned Enterprises and private Chinese corporations.  China has near total control of the world’s REMs supplies, so when they change their policies, sparks fly.

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