Rare Opportunity

Treadgold, Tim; Kelly, Tim
September 2008
Forbes Asia;9/15/2008, Vol. 4 Issue 15, p30
The article discusses the curtailment of export of exotic minerals known as rare earths, by the government of China. China accounts for 92% of the rare earths supply the quota is now down to 41,000 tons. Some rare earths are essential ingredients in electric motors, magnets and batteries used in hybrid automobiles, laptops and cell phones. Three Australian companies Alkane Resources Ltd., Arafura Resources Ltd. and Lynas Corp. are developing rare earths mine.


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