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"Unfortunately for car makers in North America, Japan, Korea and Europe, almost all of the entire world supply of rare earth oxides is controlled by China.
"So," writes Kaiser, "if you are a car manufacturer... and you get it that consumers want a lot more hybrids than you are tooled up to produce, and scaling up your production capacity an order of magnitude puts you at the mercy of China and its agenda of being the manufacturing centre of the world because China controls the world's rare earth oxide supply, what do you do?"
The majority of REE are controlled by China and Avalon has great potential in being a provider for fleets produced at home in Canada and the US. The grades are of significance and can merit solid supplies
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Don Bubar Goes "Beyond the Press Release" to discuss the recent news on the Thor Lake Project
