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China Tightening Control of Rare Earth Minerals The New.  · They sell for up to $300 a kilogram,or up to about $150 a pound for material like terbium,which is in particularly short supply.Dysprosium is $110 a kilo,or about $50 a pound.Less scare rare earth like neodymium sells for only a fraction of that.(They are considerably less expensive than precious metals because despite the. How does China drive the mining and metals business.  · The $1.5 trillion mining and metals sector supplies the feedstock for a large part of everyday life—from coal for power,to iron ore for steel girders,to the minerals and metals that are processed into the components of your iPhone.John Lichtenstein '83,a consultant and 30 year veteran of the sector,describes the state of this global industry and how one country—China—has an outsize. REE Rare Earth Elements Metals,Minerals,Mining,Uses When China began selling rare earths at very low prices in the late 1980s and.Prices and demand for rare earth materials have risen dramatically over the past decade.Mining companies in the United States,Australia,Canada,and other . 6 of the Biggest Chinese Mining Companies Investopedia Here are six of China's largest mining companies,making the country a major player in the mining industry and supplying a huge portion of global metal and coal demand. Eleven Rare Earth Companies to watch,including Molycorp. The company's aim is to become the first vertically integrated rare earth elements producer in North America,a leader in the industry outside of China,and to create certainty of supply for its customers.To that end the company is investing in three stages in the rare earths supply chain: exploration,mining. 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