China Accused of Restricting Rare Earths Exports

The US, Japan and the EU have filed a complaint with the WTO about China's restrictions on rare earth exports. Despite their name rare earths are not that rare but are vital in the production of electronics like flat screen televisions and mobile phones. China are limiting exports, for what they say are environmental reasons. However, this could mean that they control up to 95% of the market. The complaint gainst China could be the first step towards sanctions against China

http://www.bbc.co.uk/news/business-17348648