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

CDC Supporting Efforts to Withdraw Americans Affected by Congo Ebola Outbreak

A general view of Bunia, where Ebola outbreaks have...

Iran Says US Negotiations Ongoing Through Pakistan

The Iran-flagged tugboat Basim sails near a ship anchored...

USS Gerald R. Ford Returns Home After Record 11-Month Deployment

Juan Caceres kisses Heidi Eckstein after disembarking aircraft carrier...

Overnight Demolitions in Eastern China Spark Claims of Forced Evictions, Intimidation

Local authorities in the Chinese city of Hefei carried...