Chinas Rare Earth Strategy Backfires: Experts

Date:

A man driving a front loader shifts soil containing rare earth minerals to be loaded at a port in Lianyungang, Jiangsu Province, China, on Sept. 5, 2010. STR/AFP via Getty ImagesAs China uses its rare earth monopoly to threaten the survival of the U.S. military, computer chip, and automotive industries, it has spurred the arrival of a post-China rare earth monopoly era. The United States is working with allies to establish a rare earth supply chain independent of China.Experts have also designed a mechanism to sustain the Western rare earth supply chain to counter the impact of China’s low-price strategy.

spot_imgspot_imgspot_img

Share post:

More like this
Related

Labor Rules out Raising Compulsory Super Contribution From 12 to 15 Percent

Labor member for Fraser Daniel Mulino makes his maiden...

Australias 10 Most Influential YouTube Accounts to Be Preserved for History

A photo of an online video of Eddie Woo,...

Big Tech Firms Admit Under-16s Still Accessing Social Media Despite Ban

Four of the major social media platforms have conceded...

FBI Files Detail Chinese Spy Honey Trap; How US Military Funding Propelled Chinas Robot Dogs

Newly declassified FBI files reveal more about the relationship...