| Rare earths are vital, and China owns them all |
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| Written by Myra P. Saefong | |||
| Thursday, 24 September 2009 01:00 | |||
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Source: Market Watch TOKYO (MarketWatch) -- Rare earths may not be on most investors' radars, but they are certainly in almost any high-tech item they use -- and in the world of rare earths, China is king. The U.S. Geological Survey recognizes 17 different rare earths, materials with science-fictionesque names like lanthanum and gadolinium. They are used in everything: glass polishing and ceramics, automotive catalytic converters, computer monitors, lighting, televisions and pharmaceuticals.
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