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Rare earth dispute

Discussion in 'Commodities' started by rumpole, Mar 14, 2012.

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  1. rumpole

    rumpole

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    If China owns the resources shouldn't it have the right to sell them to whoever it wants to ?

    Or did China sign supply contracts and then renege ?
     
  2. skc

    skc Goldmember

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  3. DB008

    DB008

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    I thought that there were REE's in the USA, but they closed the mines years ago because it just got too expensive to mine.

    asx:GGG is one that l have traded. REE and U development in Greenland
    http://www.ggg.gl/
     
  4. Smurf1976

    Smurf1976

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    Of course China is taking advantage of the situation. It's only naive Westerners who think there's such a thing as a "level playing field" or "free trade".

    China is doing what is in its' own interests as you'd expect them to. First put other producers out of business, then use that to their advantage. Surely nobody ever thought they wouldn't do this?
     
    SirRumpole likes this.
  5. SirRumpole

    SirRumpole

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    Jack Aubrey, barney, qldfrog and 2 others like this.
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