Friday, November 19, 2010

RARE EARTHS

China has been able to dominate rare earths production by producing product at a remarkably low price. The China price is about one quarter of the price that had previously prevailed in the rare earths market. China achieved this low price in three ways. 

First, the Chinese producers make only minimal efforts to deal with the environmental impacts of the mining process. As a result, the rare earths mining regions in Inner Mongolia are classified as some of the most polluted regions in the world.
Second, rare earth mines pay low wages and provide little or no health or safety protection to miners. The resulting poverty and health problems for the workers are well known.   Continued on Steve Dickinson's China Law Blog...

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