Having replaced savings with debt on both the national and individual levels, I think it's well past time for Westerners to take a few lessons from our creditors in the East.
Molycorp, Lynas and perhaps one other small player are sufficient to meet light REE demand, while there's room for one or maybe two heavy producers outside China, says outgoing CEO Constantine Karayannopoulos.
Chinese steel mills are humming and rapidly depleting domestic iron ore mines face tough new environment rules from Beijing translating into surging demand for imports.