Alkane Resources Ltd (ALKEF)

[iPrelude]

https://www.news.com.au/finance/economy/rare-earth-embargo-china-prepares-trade-war-nuclear-option/news-story/399cf500a0cccc805e418bdc6ad76537

" ... Rare earths are a group of 17 chemical elements which have properties key for the production of everything from satellites to jet engines.

China last year produced 78 per cent of the world’s rare earths, according to researchers at Bank of America Merrill Lynch. The US relies upon it for up to 80 per cent of its imports.

The threat to use China’s rich supply as leverage in the conflict has contributed to sharp losses in US stocks and sliding long-term bond yields.

But the impact of such an export freeze would have military as well as economic implications.

“Rare earths are essential to the production, sustainment, and operation of US military equipment,” a 2016 US Government Accountability Office report detailed. “Reliable access to the necessary material, regardless of the overall level of defence demand, is a bedrock requirement for DOD. ... "