FYI, It's my understanding that the Chinese government has recently increased the price of raw materials to all magnet manufacturers by 60%. This presumably includes the rare-earth material, NEODYMIUM.
As previously mentioned on this discussion group the Chinese government quietly and methodically went about the business of purchasing all the mining operations for these kinds of rare-earth elements everywhere on the planet. They now own the whole shebang - everything. They maintain a total monopoly on these kinds of rare-earth supplies. And whadaya know! Suddenly they've decided to increase prices by 60 percent. I maintain a suspicion that rare earth materials, particularly Neodymium, are going to start playing an ever increasing vital role in the development of this planet's AE resources. China stands to make a tidy profit from their shrewd and complete takeover of this market. And the rest of us will be paying, literally, for our lack of foresight. Regards, Steven Vincent Johnson www.OrionWorks.com
