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<p>[QUOTE=&quot;Clawcoins, post: 3214983, member: 77814&quot;]we used to mine/produce a bunch of rare earths in the US with several mines.</p><p>Then China prices undercut us.&nbsp; Their companies bought ours (I recall reading articles about 10 years ago before they put an export limit on REM), shut them down and moved the equipment to China.&nbsp; So now we don&#039;t have any (or I think just one left) rare earth mines open/recently shuttered.&nbsp; The others are now foreign own and don&#039;t look to those opening any time soon.</p><p><br /></p><p>Molycorp info =&gt; <a href="https://www.seeker.com/tech/materials/chinas-monopoly-on-rare-earth-elements-tightens-with-purchase-of-us-mine" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.seeker.com/tech/materials/chinas-monopoly-on-rare-earth-elements-tightens-with-purchase-of-us-mine" rel="nofollow">https://www.seeker.com/tech/materials/chinas-monopoly-on-rare-earth-elements-tightens-with-purchase-of-us-mine</a>[/QUOTE]</p><p><br /></p>

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