What U.S. Companies Need to Know About China's Rare Earth Restriction

Via Metal Miner The Rare Earths MMI (Monthly Metals Index) took a steep dive in price action after a month of relative stability, dropping 14.4%. Terbium (both metal and oxide) yanked the index down tremendously, falling more than 16%. However, the rare earths index could yet experience some rebound from now until October, when China’s recent set of brand new rare earth restrictions are set to take effect (stay posted on shifts in the rare earths market due to China’s new export restrictions with MetalMiner’s weekly newsletter).…