Archiv: rare-earth


27.10.2021 - 13:18 [ Nikkei.com ]

China to create rare-earths giant by joining three state companies

(October 24, 2021)

China accounts for 60% of the world’s production of rare earths according to the U.S. Geological Survey. The top export destinations are Japan (49% by value) followed by the U.S. (15%), according to Chinese media.

For the Xi leadership, rare earths can also be used as a diplomatic trump card. When China protested Japan’s nationalization of the Senkaku Islands in 2010, Beijing stalled exports of rare earths as a means to pressure the Japanese side. The new move to restructure the rare-earth industry, therefore, may affect rare-earth supply to Japan and the U.S., analysts warn.

23.04.2020 - 04:44 [ Reuters ]

American quandary: How to secure weapons-grade minerals without China

Even as the DOE has blacklisted MP Materials, the company is a candidate to receive up to $40 million in funding from the Pentagon to produce light rare earths, according to two sources familiar with the matter.

10.06.2019 - 01:34 [ GlobalTimes.cn ]

China gears up to use rare-earth advantage

The move, which comes amid an escalating China-US trade war, was interpreted by many industry insiders as a sign of the country’s determination to take full advantage of its „rare-earth card“ to counter the US, which relies on China for its supply of the strategic resources.