Monday, 4 July 2011

Rare earth bottleneck busted

Before:    China Controls Rare Earth Elements Supply

Rare earths are critical in high tech electronics, batteries, magnets.
Added:  Not quite so fast:  "The truth of the matter is, nobody's going to mine in the deep sea—even if somebody massively funds this—for a minimum of a decade," he says. The startup cost could run from $1 to $2 billion. 

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