China Rare Earth Monopoly Shouldn’t Threaten US

IBTimes reported on why the US need not worry about China’s dominance in the rare earth sector.

As quoted in the market news:

Molycorp, who own the Mountain Pass rare earth mine in California - which once supplied the majority of the world’s rare earth elements – are just one of a growing number of North American mine operators aiming to break the Chinese stranglehold on rare earths.

Click here to read the full IBTimes report.