Reduced Myanmar supply 'to drive rare-earth prices higher' - Global Times
Reduced Myanmar supply 'to drive rare-earth prices higher' - Global Times
www.globaltimes.cn /page/202411/1322372.shtml
The suspension of mining operations in Myanmar... could lead to a shortage in the supply of these materials, a research report released by Huatai Securities said.
Myanmar accounts for more than 50 percent of the global heavy rare-earth supply, and given the current situation in Myanmar, the rare-earth market prices are likely to experience a sustained increase, Wu Chenhui, an independent industry analyst who closely follows the industry, told the Global Times on Sunday.
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