Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

China's Robotics May Boost Rare Earths, Precious Metals

Share on Stocktwits

Source:

"As miners re-opening closed rare earth facilities around the world, technological developments point to a revolution in the sector."

Commodity Online, Sreekumar Raghavan

The impact of increased robotics usage in creating unemployment has often been discussed while the goal is to reduce labor costs and improve efficiency.

However, the impact of increased robotics deployment will be see in commodities, both precious metals and rare earth elements stand to gain if China robotics revolution were to become a world-wide phenomenon. Already, China's restrictions on export of rare earth elements (REE) critical for electronics, industrial, automobile and renewable energy applications has led to miners re-opening closed rare earth facilities around the world, especially in USA and Canada. Recycling of rare earths has also intensified. . .View full article

Want to read more about Silver, Gold and Critical Metals investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe