Galileo mulls rare earths production amid possible Chinese export ban

Amid a looming global rare earth supply shortage, Aim-listed Galileo Resources is considering the options for its 34%-owned Glenover rare earth/phosphate project, in Limpopo, South Africa. The company stated in a release issued on Wednesday that, should China stop exports of rare earth minerals for a prolonger period, an extended supply disruption could cause significant shocks throughout the US and global mineral supply chains.