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LYNAS CORP. LTD

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Commented by Mario Hose on December 20th, 2019 | 11:11 CET

Lynas Corporation, Mkango, Ucore Rare Metals - who will benefit most from the U.S. Army?

Rare Earth Elements

The market for rare earth elements is dominated by the People's Republic of China. Worldwide production of rare earths in 2018 was around 170,000 tonnes, of which 120,000 tonnes came from China. This shows how much the global industries have become dependent on a good relationship with China. In 2010, following a diplomatic dispute with Japan, the People's Republic restricted exports, which caused prices for niche metals to skyrocket.

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