CHINA TOPIX

China Rare Earth Producers Merge to Boost Competitiveness

Vittorio Hernandez   |

Dec 14, 2014 04:36 AM EST

A World Trade Organization (WTO) ruling in March against rare earth export quotas from China has failed to reduce the Asian giant's dominance of the industry, according to Rare Earth Investing News. It currently accounts for more than 90 percent of the global supply but has little control of pricing over the commodity used for the production of high-tech gadgets.