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Russia may cash in as China cuts rare earth metal exports

Posted on 25 February 2011

From Telegraph: China’s decision to reduce exports of rare earth metals shocked the world, but the crisis could be an opportunity for Russia. In a dramatic move that rattled its trading partners, China announced last year that it would further reduce exports of rare earth metals (REM) by 10pc in 2011.
The decision sent shock waves across the industrialised world as manufacturers are heavily dependent on China for the metals, which are used in a range of sophisticated electronic goods, such as TVs and computer monitors………………………………………..Full Article: Source


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