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Many Manufacturing Industries in Big Trouble as China Cuts Rare Earth Exports

by MIKKEL FISHMAN | Aug 29, 2010
China produces 97% of the global supply of rare earth metals, elements that are used in nearly every electronics component and many other advanced technologies. There has been whispering for a couple of years that they would be cutting exports on most rare earths starting this year and all rare earths by 2012 due to their domestic manufacturing demand.

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