"Ninety-five percent of the world’s output of rare-earth metals today comes from one country: China." These are some awesomely alarmist weasel words. Please n

"Ninety-five percent of the world’s output of rare-earth metals today comes from one country: China." These are some awesomely alarmist weasel words. Please note, that doesn't say where 95% of the actual reserves are. Just where stuff is currently produced. (And the history of that is basically China Walmarting the market, by undercutting competitors until they folded and now they're jacking up the price, like the good totalitarian capitalists they've learned to be from Western resource companies). Let me quote from wikipedia (http://en.wikipedia.org/wiki/Rare_earth_element#Geological_distribution http://en.wikipedia.org/wiki/Rare_earth_element#Geological_d... ): As a result of the increased demand and tightening restrictions on exports of the metals from China, searches for alternative sources in Australia, Brazil, Canada, South Africa, Greenland, and the United States are ongoing.[20] Mines in these countries were closed when China undercut world prices in the 1990s, and it will take a few years to restart production as there are many barriers to entry.[16]