The following ran in Bloomberg today. There is starting to be a big hula balu about these rare earth metals given our dependency on them and now on China because of them. Can someone here share the symbols we should consider for buys given this information? THANKS!

China ’Power’ Over Metals for Smart Bombs Prompts U.S. Hearing

April 15 (Bloomberg) -- U.S. lawmakers called for a hearing after a government report exposed potential “vulnerabilities” for the American military because of its extensive use of Chinese metals in smart bombs, night-vision goggles and radar.

China controls 97 percent of production of materials known as rare earth oxides, giving it “market power” over the U.S., the Government Accountability Office said in the report obtained by Bloomberg News before its public release on April 14.

U.S. Representative Ike Skelton, chairman of the House Armed Services Committee, told reporters in Washington he would call for an inquiry to discuss the report. California Representative Howard McKeon, the top Republican on the panel, backed Skelton’s call.

“We are aware of China’s attempt to monopolize this type of material but there are alternatives to that,” Skelton, a Missouri Democrat, said April 14 without elaborating.

The materials -- found in General Dynamics Corp.’s M1A2 Abrams tank and Aegis SPY-1 radar made by Lockheed Martin Corp. -- are so irreplaceable that suppliers to military equipment makers could be buying from China for years to come, the GAO said.

http://www.bloomberg.com/apps/news?pid=20601109&sid=aYbxhwkBPRWs&pos=15