High-Tech Companies Face Shortages as China Hoards Metals PDF Print E-mail
Written by Alexander Jung and Wieland Wagner   
Thursday, 05 November 2009 01:00

Source: SPIEGEL ONLINE

Germany is pinning its economic hopes on future-oriented industries such as solar panel manufacturing. But high-tech companies are facing shortages of essential metals as China, which dominates the world market in so-called rare earths, begins stockpiling the highly sought-after resources.

A massive gray mountain rises from the vast plains of Inner Mongolia. The artificial hill is the pride of the Chinese and the envy of the world -- at least the world of commodities traders.

...

cilck here to view full story