January 3, 2013

Is China the OPEC of Rare Metals?

Daniel McGroarty, RealClearWorld

AP Photo

Far beyond the land of the Fiscal Cliff, events continue to provide clues on the world awaiting us in 2013. Will the U.S. be able to avoid recession and revive its faltering economy - and what role will other countries play in our success, or lack thereof?

 

Take China, which in addition to being a major buyer of U.S. T-Bills, is a major seller of metals and minerals the U.S. uses in what remains of the American manufacturing sector. The question is for how much -- and for how long?

 

s sector, for instance, the arcane elements that are critical ingredients in everything from electric car batteries and wind turbines to smart phones and smart bombs.

 

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TAGGED: Rare Earths, China

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