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Title: Rare Earth Prices Skyrocket Following Burmese Mining Suspension
Source: [None]
URL Source: https://www.zerohedge.com/commoditi ... wing-burmese-mining-suspension
Published: Oct 9, 2023
Author: Tyler Durden
Post Date: 2023-10-09 08:11:06 by Horse
Keywords: None
Views: 69
Comments: 2

The Rare Earths MMI (Monthly Metals Index) witnessed yet another steep increase month-over-month. Indeed, supply disruptions remain a massive concern in the rare earths industry, so rare earth magnets and other materials witnessed renewed bullish strength across the board over recent months.

In August, market worries arose prior to a planned environmental inspection of China’s Jiangxi province. The Chinese region serves as a major location for Chinese rare earth supplies. Along with this, Chinese stimulus efforts managed to boost rare earth production (although this cannot add long-term support to the index).

Following this, Myanmar’s Kachin State suspended mining activities. Myanmar (formerly Burma) is a pinnacle producer of global rare earths and rare earth magnets, and any change in Burmese mining activity can significantly alter the market. Therefore, the mining suspension led to stockpiling ahead of peak consumption and caused Chinese rare earth prices to hit their highest point in over 20 months.

As a result of all of this, the index jumped up by 6.62%

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#1. To: Horse, All (#0) (Edited)

Myanmar (formerly Burma)

I knew an old boy that was a radio operator in Burma during ww II. He ended up a Bird Colonel in the Pentagon where he was vying to be the world's leading arms merchant;

After the 2nd attempt on the life of Gerald Ford, he retired to his farm in Virginia and started to look into what was going on.

His first book was titled, Barbarians Inside the Gates.

I had the pleasure of meeting him at his farm in Virginia many years ago. After he passed away his wife sent me several of his books.

Book IV sells for $179 on Amazon. I can make a deal for less and if you would like a copy, send me a PM. But I cannot accept electronic payments, All payments must be by Postal Money Order. ;)

"When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke

BTP Holdings  posted on  2023-10-09   8:43:49 ET  Reply   Trace   Private Reply  


#2. To: BTP Holdings (#1)

What was his name? What are the book titles?

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2023-10-09   21:36:23 ET  Reply   Trace   Private Reply  


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