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Sunday, 06/06/2010 7:51:25 PM

Sunday, June 06, 2010 7:51:25 PM

Post# of 165857
"China has already shown what it can do when it controls the world’s supply of a particular rare earth element. Over the past five years, neodymium, a rare earth element used in rechargeable batteries, has shot up almost 400%. This uncontrollable price increase can be blamed on China controlling the production of the rare earth as well as an increasing appetite for it. This is what we meant by a dangerous situation. You’re probably wondering why you haven’t heard about neodymium before this report. As we continue to run low on supply of rare earths you’ll likely hear a lot more about it as its price continues to skyrocket."

http://oakshirefinancial.com/2010/06/04/what-the-future-of-rare-earth-metals-could-mean-for-toyota-nysetm/