Europe seen struggling to compete with China on rare earths
"Today there's a cost gap of 20% to 40% between a value chain in China and a potential value chain in Europe," a consultancy says.
Rio Tinto (RIO:NYSE) was up 2.62% on Tuesday after reporting record iron ore production and sales in its third quarter results. The mining giant shipped 68 million tonnes of iron ore in Q3 2013 - an 11% improvement on the previous...
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