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Rare Earth Metals Shortage Made Worse by Smuggling
While China attempts to secure its dominance of the world markets for these metals, the scarcity of REs is compounded by smuggling. As much as 20,000 tonnes or one third of total exports of REs were smuggled out of China, which both reduces the price of the metals and ensures the more voracious depletion of the resource.
http://oilprice.com/Metals/Commodities/Rare-Earth-Metals-Shortage-Made...
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