Rare Earth Prices Soar as Myanmar's Mining Operations Halt

Via Metal Miner “People are running around the world looking for rare earth elements.” This one sentence in the South China Morning Post, quoting James Chin, Professor of Asian Studies at the University of Tasmania, sums up the current rare earths situation well. Chin’s comment is even more true following the recent supply disruptions in Myanmar, which caused a rise in the global prices of rare earths. Amid the ongoing civil war in that country, a rebel group managed to take over a leading mining center in mid-October. This has…