The Rising Influence of Rising Affluence

[n4807g]

China imposes new export restrictions on rare earths, escalates trade tensions
https://www.mining-technology.com/news/china-rare-earth-export-control/

This is China's "Ace card" in the trade war. China can cripple critical industries in the EU and USA with this ban. Ironically it points to the vulnerabilities we've known about for years and never addressed. MP alone cannot solve the supply problem. We need to accelerate approval and production of our own domestic resources. This should be a national priority.

We have identified projects with known recoverable REE's that could be fast tracked into production. If these projects don't quickly come to production we will continue to languish under Chinese control.