China has stopped exporting rare earths to everyone, not just the U.S., cutting off critical materials for tech, autos, aerospace, and defense
- After President Donald Trump unveiled his so-called reciprocal tariffs on “Liberation Day,” China retaliated with its own duties and export controls on rare earth minerals, which are critical to the tech, auto, aerospace, and defense sectors. So far, those export controls have translated to a halt across the board, cutting off the U.S. and other countries, according to the New York Times.
China is exploiting a highly lopsided advantage it has in global trade as it hits back against President Donald Trump’s tariffs: rare earths.
Listen and watch at source: China has stopped exporting rare earths to everyone | Fortune
HOWEVER:
A rare earth metal company plans to open in Exeter. Their promise? No emissions.
Massachusetts-based mining and metal production company Phoenix Tailings is planning to open a facility in Exeter this year. The company says it would be a first-of-its-kind operation in the U.S.
The company has not yet applied for permits from state regulators, and Exeter officials said they hadn’t been contacted about their plans to open in July. But company officials say they will coordinate with state and local officials once they have finalized design plans.
If they open in Exeter as planned, the facility would produce the kind of critical minerals used for a variety of technology, including electric vehicle batteries. But the company says they’ve come up with a new process that avoids the hazards associated with traditional mining.
“Our whole goal at Phoenix is to be the world’s first fully clean mining and metals production company with zero waste, zero emissions all the way through,” CEO Nick Myers told NHPR…
READ MORE: Critical minerals production company plans to open facility in Exeter | New Hampshire Public Radio
Martin comments: It would appear China is getting very desperate. It would also appear that the US, at least, has contingencies in progress. Not just a potential mining deal with Ukraine, but clean rare earth processing onshore. Rare earth metals aren’t actually all that rare. China has the monopoly because of cheap labor and “dirty” processing techniques. Perhaps the time has come for the West to get off its lazy ass and become a little more self-reliant? In any event, the Globalist house-of-cards has well and truly collapsed.
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