FILE PHOTO: Samples of rare earth minerals from left: Cerium oxide, Bastnaesite, Neodymium oxide and Lanthanum carbonate at Molycorp's Mountain Pass Rare Earth facility in Mountain Pass, California June 29, 2015. REUTERS/David Becker/File Photo
Shipments to the United States totalled 447 tonnes last month, according to data from the General Administration of Customs, the highest monthly total in customs database records going back to January 2017. China is the world’s dominant producer of rare earth magnets, which are widely used in medical devices, consumer electronics, and defence. It has raised the prospect of restricting rare earth supply to the United States, although no formal measures have been announced.
Shhhhh... don’t let tRump know.
The United States has rare earth elements in many locations around the country. I don't think China has a monopoly on these. I am not certain of what China has that we don't, and the reverse.
Rare Earth Magnets
Good thing we didn't start a trade war with China.
Just wait until China starts Mining the hell of Greenland.
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