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HOUSTON

Rare earth prices to erode on fresh supply, China

By Quartz Staff in Australia


A link from Reuters

Prices of rare earth elements, which tumbled after a speculative bubble burst last year, are likely to erode further as new supplies hit the market and exports edge higher from dominant producer China due to weak demand at home. Since a 2010 row between China and Japan, prices of rare earths–essential in high-tech consumer products and advanced weaponry–have surged.