08 Oct, 23

Rare Earth Prices Skyrocket Following Burmese Mining Suspension

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Via Metal Miner   The Rare Earths MMI (Monthly Metals Index) witnessed yet another steep increase month-over-month. Indeed, supply disruptions remain a massive concern in the rare earths industry, so rare earth magnets and other materials witnessed renewed bullish strength across the board over recent months. In August, market worries arose prior to a planned environmental inspection of China’s Jiangxi province. The Chinese region serves as a major location for Chinese rare earth supplies. Along with this, Chinese stimulus efforts managed…

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