Limiting the export of rare earth, will be good for China , as it will reduce its toxic waste from the mining process. As for Lynas increasing its mining process too bad for Malaysia as they will be the one who have to bear the toxic waste. Not US, not Aussie.
Indian mining industry is operating in an unscientific manner as a result we are loosing huge amounts of rare Earth Materials We have failed to identify mine and process these rare Earth Materials; Cement, Infra and construction industry uses the majority of mineral reserves without knowing that it may be loaded with some of the most expensive elements
When your overpass is slightly radio active due to the cobalt material pacted in it's compound. It was odd to hear old Joe shut the cobalt mines down and send them to India because it was, "cheaper". Cheaper isn't always good.
Salute to your high standards of well researched presentation. Thankyou Financial Times. Thats why hobbyist RU-vidrs can never replace professional journalists. Grace ❗
Fails to note that the MP Materials mine does not have heavy rare earths (concentrations far too low to mine) and that it sells and ships its rare earths to China. Also fails to note that MP is the re-boot of a twice bankrupt mine with a history of defrauding the Pentagon (and it appears that they have done this again). Otherwise, an excellent summary.
China and the world! They are outright waring with all of their neighbours and then the government tries to act tough while bitching about being a victim!! Barely anyone in Asia can stand these wimps (again the government not the people of the dictatorship)!
Rare earth is not the problem.. there is enough rare earth all over the world... Processing rare earth is the main problem and China has 80% of the world processing. Complete monopoly.
Their metals so need to be mined. Some countries have some while others in are in other parts. So it's complicated. And refinement is messy. And if China takeover Taiwan there goes chip production. China has actually stopped supply to Japan before. Fishing or something.
In ALL the You Tube videos I had viewed in the last 12 years or so about what the rare earth elements really are, the persons who had posted the videos had the propensity to say what modern technology and gadgets needs which rare earth elements but NONE of them had told the viewers what they are. Either they do not want you to know too much or they themselves do not know, or both. Here are the 17 rare earth elements if you you are interested to know: 17種稀有金屬元素 (中國30.8%, 俄羅斯21.6%, 美國14.8%): 1.0 鈰(Cerium Ce) 2.0 鎝(Dysprosium Dy) 3.0 鉺(Erbium Er) 4.0 銪(Europium Eu) 5.0 钆(Gadolinium Gd) 6.0 钬(Holmium Ho) 7.0 鑭(Lanthanum La) 8.0 Lutetium (Lu) 9.0 釹(Neodymium Nd) 10. 镨(Praseodymium Pr) 11. Promethium (Pm) 12. 鈸(Samarium Sa) 13. 铽(Terbium Tb) 14. 鉥(Thulium Tm) 15. 鐿(Ytterbium Yb) 16. 鈧(Scandium Sc) 17. 釔(Yttrium Y)
North American Strategic Minerals Inc. (“NASM” or the “Company”) Announces the Discovery of a Significant New Geologic Type of Rare Earth Element Deposit In Multiple Areas of North America September 26, 2023
Rare earth is not rare. Most countries can only extract 16 of the 17 rare earth elements, including the US. China can extract all 17 and they hold the patents on most of them.
If China win this rare earth project with fair and square, i dont see any problem with it. I am not taking side... Its like Competition Sure there will be big change in the world, but no one always be on the top.
If you want to work together to find this rare earth material... I know the location of the producer of this material in Indonesia... Please reply.. thanks..
@@alexvig2369 In economics, a free market is a system in which the prices for goods and services are self-regulated by the open market and by consumers. In a free market, the laws and forces of supply and demand are free from any intervention by a government or other authority, and from all forms of economic privilege, monopolies and artificial scarcities.[1] Proponents of the concept of free market contrast it with a regulated market in which a government intervenes in supply and demand through various methods such as tariffs used to restrict trade and to protect the local economy. In an idealized free-market economy, prices for goods and services are set freely by the forces of supply and demand and are allowed to reach their point of equilibrium without intervention by government policy.
clearly didn't focus on economics did you? this problem has been existing ever since americans and allies decided to make china a factory, factory needs raw materials and when you have a dictatorship with total control of social media and almost no private land ownership, you'll see mines pop everywhere, no environmental checks in the great china
