Rare Earth Supply Chains Are In Chaos

Via AG Metal Miner The December Rare Earths MMI (Monthly MetalMiner Index) traded sideways for the second month in a row. The index dropped 1.55% and MetalMiner anticipates it will continue sideways, most definitely for the short term and possibly in the long term. This is mostly thanks to the supply of global rare earth magnets being interrupted by the current events within China, the world’s #1 supplier of rare earth elements. Contrary to its name, rare earths are not rare. However, they are rare in concentrated amounts. This makes mining…