Articles Tagged "russia"

China’s Weakening Hold on the Global Rare Earths Market

Rare Earth – China was once responsible for over 90 percent of global rare earths production, allowing it to restrict exports and manipulate prices. However, following a WTO ruling against that practice earlier this year and moves to crack down on illegal mining, China's share of global rare earths production could be dropping.

Will Central Banks Buy and Sell PGM’s to Control Prices?

Platinum – Mineweb's Kip Keen commented on a recent announcement that Sergei Donskoi, Russia's Minister of Natural Resources, suggested that South Africa and Russia buy platinum and palladium through their central banks to exert some control over metals prices. The author ran a "what if?" scenario past Harry First, a law professor at the New York University School of Law with a special interest in international anti-competition issues.