Wednesday, September 8, 2010

Australia delays ruling in China rare-earths deal

September 3, 2009 by goldguru · Leave a Comment 

Australia has again delayed a decision on a Chinese state-owned firm’s proposed bid for rare-earths miner Lynas Corp, a deal that promises to keep the spotlight on strained Australia-China relations. China dominates the world supply of rare earths, metallic elements used in everything from flatscreens and car parts to lightbulbs and i-Pods, but Lynas’s proposed [...]