cross-posted from: https://lemmy.ca/post/32311718

The suspension of mining operations in Myanmar… could lead to a shortage in the supply of these materials, a research report released by Huatai Securities said.

Myanmar accounts for more than 50 percent of the global heavy rare-earth supply, and given the current situation in Myanmar, the rare-earth market prices are likely to experience a sustained increase, Wu Chenhui, an independent industry analyst who closely follows the industry, told the Global Times on Sunday.