China pinches global Rare Earth supplies precious holdings become scarce

War over Rare Earths which are a group of elements that help in the making of smart phones to computer hard drives, lasers, missiles and weaponry, today a $ 2 billion industry. Recently China the largest exporter pinched supplies. India has a large resource and Indian Rare Earths Limited mines it from beach sands in Kerala. The black sand is a rich ore for rare earths and scientists perfect its extraction. India could out match China and capture the market. (Photo by Pallava Bagla/Corbis via Getty Images)