Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (75415)	6/19/2011 3:59:04 AM
From: elmatador	1 Recommendation Read Replies (1) \| Respond to of 217749

China's governing elite does not take it easy the dependence on foreigners for the materials they need. It strikes back with rare earths, the materials they control the supply. As a result, rare earths' prices skyrocket. "Brazil tries to compete with China to supply some of the world’s most sought-after metallic elements, says Brazil’s science and technology minister, Aloizio Mercadante. The government has met several industrial companies to line up customers for rare earths, a group of 17 elements which are primarily used to make components for such items as wind turbines, electric cars, and computer screens." ft.com Vale shareholders see this type of government interference as not good. But Brazil is trying to create national champions and think long term instead of short term, which is what the shareholders want. Guys like Aloisio Mercadante are nationalist type who want to control everything, not dissimilar to China governing elite.