TSXV:SMY - Post Discussion
Post by
Dariusz on Dec 03, 2021 2:26pm
China Rare Earth Group - Leverage on Supply & Pricing
China is merging assets from several state-owned firms to create China Rare Earth Group. The new mining giant is expected to allow Beijing more leverage over the supply, and by extension, the price, of these incredibly valuable commodities that are essential for the production of chips and other components used in high-tech products from computers to weapons systems.
https://www.zerohedge.com/geopolitical/china-creates-new-state-owned-mining-giant-tighten-control-rare-earth-supplies
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