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Shares of rare-earth firm MP Materials continue soaring after a deal with the Defense Department. Analysts are lifting their price targets.
Nevertheless, the price of Dy oxide and many other rare earths increased just modestly between July and December 2010, but the fever was nearing a boil.
Rare earths are mined from rock deposits in the earth’s crust. With nearly 70 percent of the market, China is able to control the export and price of the metals sold around the world.
Rare earth elements are critical to many industries—used in electric motors, medical imaging and diagnostics, oil and gas refining, and computer and phone screens. The 17 rare earth ...
Sadly for China, rare Earth elements aren’t actually all that rare China has limited US access, but other sources remain.
As geopolitical and trade tensions rise, China’s dominance of both mining and processing means these niche metals have become a cudgel to use against opponents.
Although rare earths occur in trace amounts in most rocks, there are only a few places on Earth where their concentration is high enough for their extraction to be economically viable.
TOKYO -- Prices of rare-earth metals have reached record highs in the weeks since China clamped down on exports of the key materials used in electric vehicles, wind turbines and other items ...
China is limiting US access to critical minerals in response to President Donald Trump’s tariffs, but the move isn’t as devastating as Beijing wants it to be.
China’s move to impose strict export controls on rare earth elements used in car production has reportedly sparked fears of potential shortages.
Washington's plan to create an independent, higher-priced pricing system has stepped up U.S. efforts in breaking China's ...