Friday, March 13, 2009

Buddy can you spare a dime? I want to invest in a lanthanide mine.

An investment opportunity for capital to begin looking for resrves in a free country before the Chinese have a total monopoly.
from TimesOnline hat tip to Fullermoney:

China has triumphed in a 15-year quest to become the “ultimate monopolist” in the supply of rare earth metals — a dominance that industry experts say could give Beijing control over the future of consumer electronics and green technology.

Industry sources believe that with China dramatically cutting its annual rare earth export quotas, the time may be rapidly approaching when it will be impossible for any company to produce a wind turbine or hybrid electric car outside the communist country.


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