Profiting From Anti-China Politics
China has been in the news lately due to veiled threats of withholding rare earth materials for political reasons, and that has made manufacturers around the world a nervous bunch. Considering a vast majority of the rare earth metals we use come from China, they do have the power to strangle a handful of industries and countless companies.
One company, Silmet, is being overwhelmed by these worried manufacturers. Located in Estonia, Silmet claims it is the only full-production rare earth metals producer not in China. It's a major claim to fame, but the company is small compared to its Chinese counterparts, and can't supply all the new demand. However, those that do manage to buy from Silmet are even more likely to do so for political reasons.
If you're having trouble watching this video, try downloading the latest version of Flash Player or contacting your IT department.
Have any comments or questions about our Thursday video editions of IMPO Insider? Or do you have a video you'd like to see featured in one of our deployments? Email me at Joel.Hans@advantagemedia.com.