Nigel Tunna, MD of a metals industry information provider, on China's rare earth mineral policy

Nigel Tunna, managing director of Metal Pages, a metals industry information provider, on China’s new policy restricting control of rare earth minerals to Chinese companies:
"The broad picture here is that the West has grown used to enjoying cheap raw materials over the last few decades, but is going to have to get used to the fact that prices will be going up as countries scramble to secure finite resources."