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A comeback for American strategic metals?

Posted on 20 November 2012

Among casual observers, there seems to be a rough perception that the U.S. exhausted the bulk of its mineral deposits during its rapid phase of industrial growth and is now buying what it needs from countries like China out of sheer necessity.
However, this is far from the reality of the situation. Chinese producers flooded the market with minerals such as rare earths, tungsten and manganese, pricing out domestic suppliers and causing many of them to shut down. Since 2009, China has phased down production creating opportunities for domestic suppliers to get back in the game……………………………………….Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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