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The Basement
Neodymium
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<blockquote data-quote="Leland Crooks" data-source="post: 1184" data-attributes="member: 382"><p>I figure everybody here has heard this, but Neo prices spiked yesterday. The industry as a whole is getting big increases in the cost of Neo drivers. Availability at some point may become a problem. </p><p></p><p>It will be a couple of years before local mines can come back on line. The rare earths are here in quantity, but all the mines shut down because the Chinese just killed the market. Now they're reaping the rewards of practically being a monopoly.</p></blockquote><p></p>
[QUOTE="Leland Crooks, post: 1184, member: 382"] I figure everybody here has heard this, but Neo prices spiked yesterday. The industry as a whole is getting big increases in the cost of Neo drivers. Availability at some point may become a problem. It will be a couple of years before local mines can come back on line. The rare earths are here in quantity, but all the mines shut down because the Chinese just killed the market. Now they're reaping the rewards of practically being a monopoly. [/QUOTE]
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