Rare earth elements

Why China has the edge in mining

Donald Trump wants to bring back mining and mineral processing to the US – and he needs to do this if he’s to continue fighting wars. “You cannot claim to have a military strategy without a clear idea of your supply chains,” says economic journalist Wolfgang Münchau. “The specific advantage that both Russia and China have over the West is not simply their wealth of metals and minerals – it’s the fact that they can also process them. China’s expertise in processing its raw material is unparalleled.” Trump has exhorted America’s traditional allies to take responsibility for their own mineral supplies as well as their own defense, and to ditch economically ruinous energy policies. But will it work?

mining

China is holding the West to ransom over rare earths

China’s naked weaponization of rare earths brings to mind Mao Zedong’s "four pests" campaign, the old tyrant’s fanatical effort to exterminate all flies, mosquitoes, rats and sparrows, which turned into a spectacular piece of self-harm. Sparrows were always an odd choice of enemy, but Mao and his communist advisors reckoned each one ate four pounds of grain a year and a million dead sparrows would free up food for 60,000 people. The campaign, launched in 1958, saw the extermination of a billion sparrows, driving them to the brink of extinction. But the sparrows also ate insects, notably locusts, whose population exploded, and the ravenous locusts wreaked far more damage to crops than the sparrows ever did, hastening China’s descent into the deadliest famine in human history.

ian williams china rare earths

How America can develop its own rare earth elements industry… safely

Give a country rare earth elements and it’ll have fighter jets, missiles and warships for a day. Force a country to extract and process its own rare earth elements and it’ll be safe from relying on countries run by unstable dictators forever.  Such is President Trump’s sensible line of thinking as he keeps up America's trade war with China. As China imposed export licensing restrictions on seven rare earth elements, or REEs, last week, Trump signed an Executive Order “launching an investigation into the national security risks posed by US reliance on imported processed critical minerals and their derivative products.” The administration is now pursuing a deal to procure REEs from Ukraine.

rare earth elements