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Message: Re:Scone [follow the bouncing ball]

kim
Oct 19, 2010 09:50AM

Oct 19, 2010 09:56AM
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Oct 19, 2010 11:31PM

http://noir.bloomberg.com/apps/news?pid=20601087&sid=abuasXFUM9Y8&pos=6

China Pledges Rare Earth Supply, Signals Export Rise (Update2)

By Bloomberg News

Oct. 20 (Bloomberg) -- China pledged to maintain supplies of rare earths and signaled exports of the ingredients used in electronics, wind turbines and smart bombs may rise next year.

The Commerce Ministry denied reports in the New York Times and China Daily that the government plans further export cuts and has extended an embargo of Japan to include the U.S. and Europe. “China will continue to supply rare earth to the world,” the ministry said in a faxed response today. [clip]

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