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These Alternative Energy Stocks Will Soar on China's Rare Metals War
The prices of alternative energy stocks are at China's mercy right now. That's because for the past few years, China has been in a dispute with the United States, Europe, and Japan over its exports of rare earth metals. Though China has about 30% of world reserves of rare earths, it controls 80% of international production.
As this battle rages on, one thing is clear: The international solar industry could be turned on its side if China begins to hoard these metals and drive up their cost.
Of course, whenever there is market disruption like this, there is a profit opportunity...
The prices of alternative energy stocks are at China's mercy right now. That's because for the past few years, China has been in a dispute with the United States, Europe, and Japan over its exports of rare earth metals. Though China has about 30% of world reserves of rare earths, it controls 80% of international production.
As this battle rages on, one thing is clear: The international solar industry could be turned on its side if China begins to hoard these metals and drive up their cost.
Of course, whenever there is market disruption like this, there is a profit opportunity...