Arafura's Tonkin on Rare-Earth Prices, Business Outlook

Chris Tonkin, chief executive officer of Arafura Resources Ltd. (ARU), an Australian rare earths developer, talks about prices and the company's business outlook.

China, which supplies 90 percent of the world’s rare earths, plans to shut down about a fifth of its existing production capacity under new industry rules, China National Radio reported August 6. Tonkin speaks from Sydney with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)

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