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Old 12-14-2009, 04:31 AM
Sparty Sparty is offline
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Default Price may not be as important as security of supply

Rare Earth Metals

"Price may not be as important as security of supply," says Jack Lifton, an independent consultant with more than 45 years of experience in sourcing nonferrous strategic metals.

In the U.S., our dependence on rare metals is undermined by the simple fact that we're not producing any. Given that China now controls 95% of these 'technology metals' and the world is projected to eat 200,000 tons of rare earth metals near 2015, Jack tells The Gold Report we need to jumpstart our own domestic supply chain and, more importantly, build the refineries to process themórather than sending them to China for refining, which is our only option currently.

http://www.commodityonline.com/news/...23813-2-1.html

Read about the Australia's ASX listed companies that are largest holders of ot the world's REEs... http://www.AustralianRareEarths.com and who has the largest % of the rare Heavy Rare Earth Metals.

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asx ree., heavy rare earth metal, jack lifton, ree, rees

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