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Quote:Originally Posted by DocNo42
Which is a strategic issue for us - our military, for one is seriously concerned about it, as we all should be. Much like Shale Oil was far to expensive to extract until the per barrel cost of Oil exceeded a threshold, extracting rare earths in an environmentally friendly way will happen when the right economics appear. More demand will make that happen more quickly which is a good thing.
Makes me wonder if China's "land grab" of the Spratly Islands is for gold or rare materials on or under the sea floor (besides the obvious military strategic importance).