Post-China Rare Earth Monopoly Era Is Approaching as Beijings Strategy Backfires: Experts

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.