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" ... At which point some anecdata. I've spent the last 20 years or so wholesaling one of the rare earth metals, historically the one that China didn't produce, scandium. Over the past decade the demand is up substantially, about 10x, and the traditional source of supply, Russia, is pretty much out of the game (they were running on stocks, not new production). And into this market China has stepped. And here's what I mean by "free market". ... "