As China continues its grip on the rare earth elements space, a recent deal from a mining major looks like the start of consolidation in an industry that provides much-needed resources to a host of high-tech devices.

China's largest rare-earth producer, the state-owned Baotou Iron and Steel Group, is stopping rare earth shipments for a month in an attempt to drive up prices.

Russia, with as much as a third of the world's rare earth deposits, will take at least a decade to develop them and step into the breach that has been created since China chopped supply of the metals to the rest of the world

China said Monday it has launched an inter-provincial operation to better regulate the production of light rare earth metals in its latest effort to rein in illegal rare earth exploration.

HHitachi Metals Ltd. called off a joint venture with rare earth mineral company Molycorp Inc. over a disagreement about what type of magnet should be made.

Australian rare earth miner, Lynas Corporation decided to accept majority control of Chinese state run company, China Nonferrous Metal Mining

Japanese rare earth market will double by 2015 from 2008 level due to higher demand for magnetic materials and battery under higher production for

Australian rare earth development projects are changing the mission. The projects are to develop alternative sources to China, which represents 90% of world