China's rare-earth restrictions launch foreign competition

08/17/2010 | Wall Street Journal, The

China controls most of the world's supply of rare-earth minerals -- 17 minerals that produce powerful magnets, or improve a metal's ability to withstand high temperatures -- but its export restrictions are fueling the development of additional sources in Australia and the U.S. Restrictions on Chinese exports are driving up prices and making it profitable, for the first time, for competitors to develop their own supply, according to The Wall Street Journal.

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Wall Street Journal, The

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