Rare earth is not that rare - Arthur Kroeber
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Economist Arthur Kroeber doesn't buy the rumor that China will further cut rare earth exports. Why? Despite their name, there are plenty of rare earth reserves outside of China, they will be developed, and China knows this.
KROEBER: "The more China attempts to use its present monopoly position as leverage in international disputes, the more certain they make it that that monopoly position will be destroyed."
China's monopoly on these minerals may be short-lived. One big customer, Japan, is reportedly looking to Mongolia and Canada in an effort to reduce its dependence on Chinese rare earth metals.Commercial
Arthur Kroeber is a speaker at the China Speakers Bureau. Do you need him at your meeting or conference? Do get in touch.
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Labels: Arthur Kroeber, China, China Speakers Bureau, Japan, rare earth
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