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Sadly for China, rare Earth elements aren’t actually all that rare
Earlier this month, the Chinese government escalated things even further, subjecting seven rare earth elements to a more comprehensive export licensing program that covers the whole world and is designed to further choke off American companies.
Here’s What to Know About Rare Earth Minerals and Renewable Energy
Rare earths, on the other hand, have narrower supply chains and are often more difficult to extract, requiring more cumbersome processes to separate them from other minerals (as Lecoq de Boisbaudran learned). The United States has just one operational rare earth mine, in Mountain Pass, Calif., which produces around 15 percent of global rare earths.
Seven Rare Earth Metals That China Is Weaponizing Against the US
From fighter planes to nuclear reactor rods and smartphones, rare earth minerals are vital to a wide array of products. As geopolitical and trade tensions rise, China’s dominance of both mining and processing means these niche metals have become a cudgel to use against opponents.
China accounts for 70% of rare earth extraction and 90% of processing. These are the rare earths stats investor need to know.
Beijing has restricted exports of seven key rare earth elements critical to EVs, defense systems, and clean energy. Automakers and defense firms face potential shortages as stockpiles of rare ...
China’s decision to suspend exports of rare earth minerals highlights a significant national security vulnerability that cannot be addressed by executive power alone. Three decades ago ...
JL Mag’s rare earth magnets used in hybrid vehicles. The Chinese government earlier this month announced that it had halted exports of a number of critical rare earth minerals, as well as ...
MP Materials, operator of the Mountain Pass mine in California’s Mojave Desert, is ramping up supplies of the critical ingredients and magnets used in autos, electronics and military hardware as ...
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