Rare Earth Prices Surge as Myanmar Mines Fall Under Rebel Control

Via Metal Miner The Rare Earths MMI (Monthly Metals Index) trended sideways with a slightly downward movement of 2.59%. Numerous factors remain at play within the global rare earths market. One of the most significant factors rare earths buyers need to remain aware of is the ongoing conflict within Myanmar, one of the world’s key rare earth suppliers, regarding rebel mine takeovers. The Kachin Independence Army (KIA) caused numerous problems throughout November, including seizing control of Kanpaiti, a pinnacle rare earths trading point within…