China Denies Manipulating REE Prices
Source: MarketWatch, Owen Fletcher (7/21/11)
"It's a 'misunderstanding' that the rise in prices is caused by the government."
China isn't manipulating the prices of rare-earth minerals and it's a "misunderstanding" that the rise is caused by the government, Ministry of Industry and Information Technology spokesman Zhu Hongren said Thursday.
Zhu told reporters that the resurgence in prices was "reasonable" as prices had been too low earlier. . .View full article