The seizure of Myanmar's rare earth mines by rebels has disrupted global supply chains, causing a surge in prices and raising concerns about potential shortages.
Via Metal Miner 'People are running around the world looking for rare earth elements.' This one sentence in the South China Morning Post, quoting James Chin, Professor of Asian Studies at the University of Tasmania, sums up the current rare earths situation well. Chin's comment is even more true following the recent supply disruptions in Myanmar , which caused a rise in the global prices of rare earths.
An article in theglobatimes.com quoted a research report by Huatai Securities as saying that the stoppage of mining operations in Myanmar, coupled with environmental restrictions on the domestic supply of medium and heavy rare earths, could lead to a shortage in their supply.
Myanmar China Kachin Independence Army Mining Supply Chain Disruption Price Volatility Trade Embargo Global Market Heavy Rare Earth Elements
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