"A Chinese embargo on rare earth elements is causing a dramatic spike in the price of materials, which is expected to lead to a jump in high-tech product prices before settling back down in a few years, according to report released today.
Prices will increase rapidly until "non-Chinese rare earth mines are up and running, increasing product availability and thereby decreasing prices," wrote Robert Castellano, president of The Information Network, in a research note today."
Prices will increase rapidly until "non-Chinese rare earth mines are up and running, increasing product availability and thereby decreasing prices," wrote Robert Castellano, president of The Information Network, in a research note today."
No comments:
Post a Comment