Why Is This Rare Earth Metal 346 Times More Expensive In America Than in China?

Samarium sells for as much as 346 times more in North America than in China, and that price is just a preview of what American industry would pay the day Beijing stops exporting. S. manufacturers still buy theirs from China, at Chinese prices. Outside China, dysprosium costs five times as much and yttrium more than 100 times as much.
Japan has already learned what happens when the Chinese supply slows its government is asking Washington for help before its yttrium runs out at year-end. REalloys NASDAQ ALOY is positioning itself to profit from one of the most serious shortages developing in America's rare earth supply chain, and it's a shortage that billions of dollars in new mining and magnet manufacturing investments won't solve on their own.
Kutipan awal dari OilPrice, ditulis oleh Michael Scott. Hak cipta artikel milik penerbit.



