The Peoples Republic of China has just revealed that they are going to use their stake in rare earth minerals production as their show card.
Rare earth minerals are found in a number of areas around the world, including North America.
As with many mineral deposits, there are also other less desirable minerals collocated in these veins of rare earth minerals.
When exploiting a deposit of rare earth minerals, the processing of the minerals leaves behind "Mining tailings" of radioactive thorium and uranium.
These requirements make exploiting the domestic deposits of rare earth minerals prohibitively expensive.
By simply refusing to clean up their act, they can produce these minerals at a cost more competitive than domestically produced rare earth minerals.
Without such a two-pronged approach, the Chinese will be able to withhold rare earth minerals which will significantly impact the modern 21st Century economic sectors of electronics and automotive industries, where the bulk of these minerals are used.
https://www.americanthinker.com/articles/2019/06/rare_earth_minerals_and_thorium.html
Rare earth minerals are found in a number of areas around the world, including North America.
As with many mineral deposits, there are also other less desirable minerals collocated in these veins of rare earth minerals.
When exploiting a deposit of rare earth minerals, the processing of the minerals leaves behind "Mining tailings" of radioactive thorium and uranium.
These requirements make exploiting the domestic deposits of rare earth minerals prohibitively expensive.
By simply refusing to clean up their act, they can produce these minerals at a cost more competitive than domestically produced rare earth minerals.
Without such a two-pronged approach, the Chinese will be able to withhold rare earth minerals which will significantly impact the modern 21st Century economic sectors of electronics and automotive industries, where the bulk of these minerals are used.
https://www.americanthinker.com/articles/2019/06/rare_earth_minerals_and_thorium.html
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