20.10.2010 - China's rare earth element reserves to last less than 20 years
From Seekingalpha.com: Commodities are seeing rather mixed and somewhat lackluster trade today, with some mild gains in the dollar weighing on the energy, precious and base metals complexes. Risk aversion is generally dominating sentiment in the commodity arena as a knock-on effect form the equity markets, following some disappointing results from Apple (AAPL) and IBM (IBM) after the bell. Rare earth elements (REE) on the other hand, all be it a very illiquid market, is seeing a lot of attention today after China signalled that their REE reserves will only last 15 to 20 years..............................................Full Article: Source
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