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09/28/2011

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Peter H

It does not highlight the 5 production by the leading country nor the % of say the next 2 producers. iron is a simple example - China is leader, yet both Australia and Brazil are very large producers and exporters [ wherever there is a good price].

As for REE - both Australia and US [and other non China influenced suppliers]are making very significant moves to build production, VERY rapidly eg Lynas expected to have production on stream early 2012. with more coming soon.

a point in time snapshot, but may not reflect real world "what is happening"

Terence Bell - Editor SM Report

You're right Peter, it is just a snapshot of things - a very static analysis of mineral distributions. For more insight into the economic and technological influences on strategic resource control, I suggest HCSS's report, which is reviewed below:

http://strategic-metal.typepad.com/strategic-metal-report/2010/10/scarcity-of-minerals-a-strategic-security-issue.html

Thanks for your feedback.

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