REMX - China Raises Rare Earth Production Quotas To Record Levels As Prices Surge

• China has previously been cast in a sinister role with respect to restricting the production and export of critical rare earth metals, usually salts, used to produce a host of products.
• With China holding some 85% of global refining capacity and the only mine to refined products supply chain, it not only has a unique position but a unique responsibility in the market.
• The U.S. is pouring hundreds of millions into supporting the development of a domestic refining industry.

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