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China's Rare Earths DEMAND to soar by 50% Reuters
Reuters reporting that "China's demand for these elements is likely to soar more than 50% over the next five years" Chen Zhanheng, vice-secretary general of the Association of China Rare Earth Industry, told a conference in Shanghai this week that domestic consumption was expected to rise nearly 9% this year to 97,700 tonnes, and would end the decade at nearly 150,000 tonnes, up from 90,000 tonnes in 2014. - See more at: http://investorintel.com/technology-....UtuqSoSX.dpuf
At the moment Australian ASX listed companies control around a third of the world's rare earth resources and a visit to http://www.australianrareearths.com will help you get to grips with the opportunities that are again emerging. It is probably not outrageous to suggest that this will be one of the major drivers:
Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice. |
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