Thoughts from the Andes

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There has been an ever growing demand for these “rare earth” minerals.  Outside of China Peru is another country where these elements can be found.  It will b interesting to see if China beging to tap the Peruvian market for these elements as it has for more basic materials like copper, iron, and gold in Peru. 

theeconomist:

You can forget gold. These are “rare earths” - critical commodities required for the manufacture of flat-screens, electric-car batteries, aerospace alloys and many other sophisticated products. Over the summer they’ve rocketed in price as China, which accounts for almost all of the world’s production, squeezes supply.