China’s control over rare earths is already fading, but only industry insiders seem to know it, says Christopher Ecclestone, mining strategist at the financial advisory firm Hallgarten & Company.
He suggests that within three years, the West could have more rare earths than it needs, and China could lose its grip on the market.
The key to China’s power, he says, is control over prices, or at least the perception of it. So what will it take for the revealing moment—when Beijing squeezes the market again, and nothing happens?
Join Terri and Chris for a lively discussion.
Views expressed in this episode are opinions of the host and guests and do not necessarily reflect the views of The Epoch Times.
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Terri Wu is a Washington-based freelance reporter for The Epoch Times covering education and China-related issues. Send tips to terri.wu@epochtimes.com.
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