Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

China Threatens To Cut Rare Earths Supplies To The U.S. -- Bad Idea
Forbes ^ | 05/20/2019 | Panos Mourdoukoutas

Posted on 05/20/2019 10:30:55 AM PDT by SeekAndFind

China is threatening to take the trade war to the next stage: cut off rare earth metal supplies to US technology and defense industries.

That’s according to a couple of Globaltimes editorials.” US faces squeeze on rare earths,” says one editorial. “US need for rare earths an ace on Beijing’s hand,” goes another.

“Without a reliable domestic supply, the US must rely on rare earths from China to supply industries of strategic importance,” acknowledges Hu Weijia, author of the second editorial.

“Rare earths are vital to many modern technologies and a wide array of weapon systems used by the US military, but China controls the vast majority of the world's supply,” adds Weijia.“It will take many years if the US wants to rebuild its rare-earth industry and increase its domestic supply to reduce its dependence on China's minerals.”

That’s a long time, long enough for China to “win a trade war against the US, during which time China's monopoly on the production of rare earths will help Beijing control the lifeblood of the US high-technology sector.”

Ted Bauman, Senior Research Analyst and Economist at Banyan Hill Publishing, agrees. “If the Chinese implement an export ban and can ride out six months of U.S. tariffs, it could well force Trump to concede,” he says.

Still, he thinks that’s bad idea for China to throw this weapon into the arsenal of the trade war because “China will be seen by the rest of the world as an unreliable trading partner for these critical minerals, leading to rapid development of alternative sources.”

Meanwhile, America could search for new suppliers elsewhere.

“Another potential effect could be the U.S. finding or creating another place to potential mine these minerals,” says Jordan Awoye, Managing Partner at Awoye Capital.

(Excerpt) Read more at forbes.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; News/Current Events
KEYWORDS: china; defense; export; minerals; rareearth; rareearthmaterials; rareearthminerals; tradewar; trumpdod; usmilitary
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 121-123 next last
To: SeekAndFind

There’s closed mines all over the NC mountains. Let’s get ‘em cranked up again.


21 posted on 05/20/2019 10:45:36 AM PDT by ryderann
[ Post Reply | Private Reply | To 1 | View Replies]

To: central_va

Peru farmed out the exploration and development of their lithium deposits to China. It has gone on all over the world.
They worked hard to corner the market on rare earth deposits and now we know why. Always has been about manipulating the US in case we got uppity.


22 posted on 05/20/2019 10:45:37 AM PDT by pacpam (action=consequence and applies in all cases - friend of victory)
[ Post Reply | Private Reply | To 12 | View Replies]

To: SeekAndFind

https://m.youtube.com/watch?v=F19A2iNOFz4

Extracting from coal


23 posted on 05/20/2019 10:46:04 AM PDT by hoosiermama (When you open your heart to patriotism, there is no room for prejudice.DJT)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

but rare earth metals are not that rare ,LOL


24 posted on 05/20/2019 10:46:48 AM PDT by butlerweave
[ Post Reply | Private Reply | To 1 | View Replies]

To: Pikachu_Dad

Nah, just throw in the towel and let China do all of our manufacturing for us. I bet we could get a great deal on aircraft carriers and fighter planes. Maybe even nuclear weapons. Save a lot of tax dollars. Combat boots, too. And all the tilapia we can eat. Oops, nevermind.


25 posted on 05/20/2019 10:46:52 AM PDT by Jim Robinson (Resistance to tyrants is obedience to God!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: gaijin
The solution is in the mud just off the coast of

Minamitorishima:

Minami (south) tori (bird) shima (island)

https://www.cnn.com/2018/04/16/asia/japan-rare-earth-metals-find-china-economy-trnd/index.html

Everything we need is there, and there's tons of it, so F*CK CHINA.


26 posted on 05/20/2019 10:47:01 AM PDT by gaijin
[ Post Reply | Private Reply | To 15 | View Replies]

To: SeekAndFind

WHERE did we get rare earths - before China?


27 posted on 05/20/2019 10:47:09 AM PDT by _Jim (Save babies)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoosiermama

Not sure about Alaska. There is an old mine in California and, I thought, a new site in Australia.


28 posted on 05/20/2019 10:48:17 AM PDT by Rio
[ Post Reply | Private Reply | To 9 | View Replies]

To: elpadre

I’m sure Obunghole was working on this (sarc)


29 posted on 05/20/2019 10:48:33 AM PDT by beethovenfan (Mene, Mene, Tekel, Upharsin)
[ Post Reply | Private Reply | To 17 | View Replies]

To: SeekAndFind; All

https://www.bloomberg.com/news/articles/2018-09-27/the-californian-rare-earths-mine-caught-between-trump-and-china


30 posted on 05/20/2019 10:50:42 AM PDT by rellimpank (--don't believe anything the meda or government says about firearms or explosives--)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind
China Threatens To Cut Rare Earths Supplies To The U.S. -- Bad Idea

We could reopen our own mines, we got a lot, or we could trade 'em for Uranium One, ..., oh wait ...

31 posted on 05/20/2019 10:50:47 AM PDT by Navy Patriot (America NEEDS Mob Rule, another European and Mid East World War and a universal Draft)
[ Post Reply | Private Reply | To 1 | View Replies]

To: hoosiermama

[[Which elements fall under the title “rare earth” supplies?]]

Buttonidium- a rare earth element used to make buttons- without it, all our pants will fall down-


32 posted on 05/20/2019 10:53:03 AM PDT by Bob434
[ Post Reply | Private Reply | To 14 | View Replies]

To: _Jim
The Mountain Pass Rare Earth Mine is an open-pit mine of rare-earth elements on the south flank of the Clark Mountain Range, just north of the unincorporated community of Mountain Pass, California, United States.
The mine once supplied most of the world's rare-earth elements.
Today, it is owned by MP Materials, and is the country's only rare earth mining and processing facility.
.
Affiliates of two U.S. investment fund advisors, JHL Capital Group LLC and QVT Financial LP and Shenghe Resources Holding Co., a Chinese minority shareholder, acquired Mountain Pass in July 2017 with the goal of reviving America’s rare earth industry.
The venture does business under the name MP Materials (www.mpmaterials.com).
MP Materials resumed mining and refining operations in January 2018.[
33 posted on 05/20/2019 10:53:50 AM PDT by Waverunner (I'd like to welcome our new overlords, say hello to my little friend)
[ Post Reply | Private Reply | To 27 | View Replies]

To: pacpam

China is playing a long term game to undermine the US and the west. They are planning out decades, or a hundred years from now to be the dominant power in the world (not necessarily expansionary, but in control). They are still bitter about the opium wars, so no surprise they a happy to ship fentanyl by the ton to the US. We win this trade war now or end up dependent on China in the future. China doesn’t even have that strong a position, but have been quietly capitalizing on the weakness and self loathing of the west.


34 posted on 05/20/2019 10:53:58 AM PDT by Wayne07
[ Post Reply | Private Reply | To 22 | View Replies]

To: gaijin

35 posted on 05/20/2019 10:54:17 AM PDT by gaijin
[ Post Reply | Private Reply | To 26 | View Replies]

To: caver
This sounds like we “used” to have a rare-earth industry. Is this another stupid decision on our part?


36 posted on 05/20/2019 10:54:43 AM PDT by COBOL2Java (AOC: The brain of a tea bisquit)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Red Badger

Then you’re old too.


37 posted on 05/20/2019 10:54:45 AM PDT by Responsibility2nd ( Import the third world and you'll become the third world.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: Innovative

The threat should be no surprise at all....they have been holding ‘that card’ over us for a long time... whenever they’re getting backed into a corner.

They’re asian and that’s how they play....think N.Korea.


38 posted on 05/20/2019 10:54:49 AM PDT by caww
[ Post Reply | Private Reply | To 3 | View Replies]

To: caver
This sounds like we “used” to have a rare-earth industry. Is this another stupid decision on our part?

Yup.

39 posted on 05/20/2019 10:55:20 AM PDT by null and void (The press is always lying. When they aren't actively lying, they are actively concealing the truth.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: caver
This sounds like we “used” to have a rare-earth industry. Is this another stupid decision on our part?

It's one of many reasons the EPA should be abolished.

40 posted on 05/20/2019 10:56:34 AM PDT by NorthMountain (... the right of the peopIe to keep and bear arms shall not be infringed)
[ Post Reply | Private Reply | To 6 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 121-123 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson