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China ready to hit back at U.S. with rare earths

reuters.com

1–10 of 82 posts

Re: China ready to hit back at U.S. with rare earths

#3
This is bad for the whole world and reduces the efficiency of the global machine. Now countries have to explore more expensive mines to make up for the demand which could have easily been avoided. It feels like someone is dialing back the productivity of the entire world.

Re: China ready to hit back at U.S. with rare earths

#4

This is bad for the whole world and reduces the efficiency of the global machine. Now countries have to explore more expensive mines to make up for the demand which could have easily been avoided. It feels like someone is dialing back the productivity of the entire world.

Unfortunately the global machine only works well if the parts are working together for the greater good in the first place, which is not a given.

Re: China ready to hit back at U.S. with rare earths

#5
post #2

Perhaps this will become news when it actually happens

Probably enough news to boost the stock of the Mountain Pass mine (1) though. And there's plenty of rare earths around. It wouldn't be all bad if they were mined in first-world countries that are willing and able to regulate in a way that forces cleaner production methods.

(1) https://en.wikipedia.org/wiki/Mountain_Pass_rare_earth_mine

Re: China ready to hit back at U.S. with rare earths

#6

This is bad for the whole world and reduces the efficiency of the global machine. Now countries have to explore more expensive mines to make up for the demand which could have easily been avoided. It feels like someone is dialing back the productivity of the entire world.

The idea is /was to renegotiate and than go back to "free trade." Put your seat-belts on

Re: China ready to hit back at U.S. with rare earths

#8

This is bad for the whole world and reduces the efficiency of the global machine. Now countries have to explore more expensive mines to make up for the demand which could have easily been avoided. It feels like someone is dialing back the productivity of the entire world.

The idea is /was to renegotiate and than go back to "free trade." Put your seat-belts on

Nah, this is opiate laden, somewhat luddite Middle America lashing out at the world via proxy, conveniently skipping over the people who really screwed them over.

Re: China ready to hit back at U.S. with rare earths

#9

This is bad for the whole world and reduces the efficiency of the global machine. Now countries have to explore more expensive mines to make up for the demand which could have easily been avoided. It feels like someone is dialing back the productivity of the entire world.

Or maybe the rest of the world will have to innovate around the solution and no longer need the rare earths.

Re: China ready to hit back at U.S. with rare earths

#10
post #2

Perhaps this will become news when it actually happens

Probably enough news to boost the stock of the Mountain Pass mine (1) though. And there's plenty of rare earths around. It wouldn't be all bad if they were mined in first-world countries that are willing and able to regulate in a way that forces cleaner production methods. (1) https://en.wikipedia.org/wiki/Mountain_Pass_rare_earth_mine

Mountain Pass is mostly owned by Shenghe Holding Co. anyway. What an interesting turn of events.
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