Alkane Resources Ltd (ALKEF)

[iPrelude]

"... EARNING MORE FOR LESS
As volumes shipped out of China have dwindled, the value of trade has soared. December’s tonnage was down by almost two-thirds from December 2009, but the value rose four-fold to $309.2 million on a free-on-board basis.

That has helped meet other goals of China’s policy of controlling exports of rare earths and other minor metals — to raise their price internationally and lure more secondary industry to set up shop in China.

The value of 2010 exports soared to $939.7 million, three times the $310.1 million China earned from the trade in 2009.

December’s exports were valued at an average of $65,257 per metric ton, the culmination of five months of rapid price increases. In July, the value per metric ton was $14,405 but that figure rose by an average of more than $10,000 in successive months. ..."

{ please see that and the rest of the article here: https://www.reuters.com/article/us-china-rareearths/china-2010-rare-earth-exports-slip-value-rockets-idUSTRE70I11T20110119 }