As lawmakers in the UK and the EU hold hearings over strategic minerals policy, the rare earths supply chain continues to tighten. The Chinese Society of Rare Earths predicts that China will become a net importer of rare earths, and rumors of a Chinese rare earth stockpile are becoming a reality.
It looks like the United States has finally decided to try and break China's grip on the supply of Rare Earth Elements after global concerns were raised of the Red country's monopoly.
News of the likelihood of finding rare earths supplies by Greenland Minerals and Energy which could possibly pose a large challenge to the Chinese supply has send the rare earths sector into a tizzy.
Europe has finally acknowledged that there is a serious problem in the rare earths sphere. But what can it do to tackle it? Analysts are divided in their opinion.
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