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China protecting strategic interests with rare earths policy

Posted on 25 October 2010

From AFP: China’s restrictions on exports of rare earths are aimed at maximising profit, strengthening its homegrown high-tech companies and forcing other nations to help sustain global supply, experts say.
China last year produced 97 percent of the global supply of rare earths — a group of 17 elements used in high-tech products ranging from flat-screen televisions to iPods to hybrid cars — but is home to just a third of reserves……………………………………….Full Article: Source


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