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U.S. Businesses Most Impacted by China’s Rare Earths Crackdown
The Rare Earths MMI (Monthly Metals Index) managed to reverse and pull up by 8.66% after experiencing steady declines since May. Numerous parts of the rare earths index reversed price action, including neodymium and terbium oxide. China’s recent crackdown on rare earth supplies has caused a shift in the global market, creating significant bullish sentiment in the short term. Over the past few months, China’s crackdown on rare earth minerals and its broader regulatory tightening have sent ripples through global markets. China has long dominated the rare earths market, producing around 90% of the world’s refined ... (full story)
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- Posted: Sep 5, 2024 6:23pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 131
