Oct. 21 (Bloomberg) -- China’s clampdown on exports of rare earths essential for the electronics and new-energy industries may create a windfall for a handful of Western companies seeking to benefit from surging global demand.
Just like James Dines said it would, China is already flexing its 21st-century muscle: its dominance of over 90% of Rare Earth production. Articles such as this from Bloomberg are slowly appearing more and more. And as you might expect, Rare Earth stocks are responding well.
I've been slowly accumulating these stocks over the last year and am sharing them here with the condition that you do your own due diligence, as this is not a recommendation to buy them.
Canada: CCE, GWG, LAM, LI, MGA
Australia: GGG, LYC
USA: GMO, REE, (waiting for better buy point for MCP, no position yet)
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