Tuesday, August 31, 2010

China Buckle Clamps on rare earth metals- $AAPL $MOT $HPQ

MOC defends the policy on rare earth exports to protect environment — Chen
Deming, Minister of Commerce, said that China's restrictions on the rare earth
industry will assist in protecting the environment. Chen mentioned that massextraction
of rare earth will cause great damage to the environment and the
government hast to tighten controls over rare earth production, exploration and
trade. (Xinhua)

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