China has about 70% of the world’s known rare-earth reserves, the most in the world. Beijing also has announced that it will boost its mining quotas in the first quarter of this year by nearly 30%, which indicates strong and rising demand.

Rare-earth metals are used to make just about everything, from smartphones and display panels, to speakers and televisions, and while China currently dominates the market for these commodities, the USA has taken interest and now need the help of resource investors too.

These rare-earth elements haven’t spent much time in the investor spotlight, but a wake-up call to secure supply chains for strategic metals needed for our most advanced critical technologies.

Rare earths refer to a group of 17 elements that have a variety of uses, including lanthanum, used in oil refining, praseodymium for aircraft engines, and neodymium, used to create permanent magnets that have many applications.

Among the most highly prized are the “magnet feed” rare earths: neodymium and praseodymium. They are critical for high performance magnets used in cellphones, electric vehicles and wind turbines.

Demand for these powerful magnets are poised to see sharp growth in the next decade. Rare-earth magnet applications are forecast to account for roughly 40% of total rare earth demand by 2030, compared with an estimated 29% in 2020.

With its tight grip on the world market for rare earths, it’s no wonder that China in the past has taken advantage of its dominance, including by considering restricting exports in its trade disputes.

The Zionist controlled World Trade Organization found in 2014 that China had set limits and duties on rare earth exports that breached the group’s rules.

Even rare earths that are mined in the USA must be sent to China for processing. This is the kind of area where the U.S. government will shoot a fire hose of tax money at a problem, if the U.S. wants to ease its reliance on China.

Market Watch / ABC Flash Point Mineral Mining News 2021.

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Loko Loko
Loko Loko
14-03-21 00:02

If the USA can’t control stuff they want it to be, they find other ways to fabricate any tool that works in order to get acquainted?