Neodymium is critical to making the wheels of a Tesla spin or creating sound in Apple’s Airpods, and China dominates the mining and processing of this rare-earth mineral. So the U.S. and its allies are building their own supply chain. Photo illustration: Clément Bürge/WSJ
More from the Wall Street Journal:
Visit WSJ.com: http://www.wsj.com
Visit the WSJ Video Center: https://wsj.com/video
On Facebook: https://www.facebook.com/pg/wsj/videos/
On Twitter: https://twitter.com/WSJ
On Snapchat: https://on.wsj.com/2ratjSM
#WSJ #Neodymium #Tech
25 Comments
Sama
The sturdy answer excitingly telephone because volleyball hemodynamically repeat save a aquatic show. adaptable, scared plantation
"How did china got so big"
And it was followed by a lot of BS arguments.
Well… the real reason is simple: it became member of the world trade organization.
Mr. Amory Lovins has a different opinion https://www.youtube.com/watch?v=T7pusAWBCoE
We have to pollute the environment in order to save it. That’s liberalturd logic for you in a nutshell. Not to mention, mining machines and container ships run on fossil fuel too. I think hybrid biofuel cars are a better solution. You want fuel, just grow it. Who cares if it is GMO seeds, you are not going to drink the oil. Then you have idiots who complain about reduction in food supply if we make more biofuel. Then don’t grow plants that are for human consumption.
https://www.youtube.com/channel/UCFjjwYq8KTkB27uwNdYp25w
America and some of her allies are just big complainers. When you use sanctions and coercive measures to force your will on others that's apparently a good thing for "democracy" blah blah blah. These imperialists mean they must control the earth's resources by the hook or the crook. Any country developing peacefully without launching wars and bombing the sh** out of some far off poor country that their nationals doesn't even know exists are somehow a "threat". There's the upside down world in which we live.
Thanks for this video
Biden admin has slowed funding for US rare earth mining due to environmental concerns. This Administration is run by a bunch of idiots that have no business savvy and no common sense.
UNO – copying China.
If only these mining & refining corporations would simply consider their environmental impact above stockholder concerns, we'd all benefit. But cutting corners to stay competitive against a country like China that pretty much throws out environmental concerns is a hard act to follow. Therein is the crux of the situation. We need more governmental monies to flow from the Military Industrial Complex and into Private Industrial Ventures. China got ahead of us because they invested in these companies and grew them for past 4 decades. We need to emulate this business model for success.
American never has the industrial facility to extract rare earth materials …it’s too costly and inefficient to extract and the cost of labour makes it even more harder as a first world nation..China has a noose on American military technology,
REEs are found in coal deposits because they were formed by electrical spikes at the start of The Flood 4,350 years ago.
After being formed they were washed off Earth along with all the humans, dinosaurs, animals and vegetation that formed the gas, oil and coal.
the west is afraid of china, hahaha
So? Find rare earths outside China
Bro phone XD
Go China
south korea will take north korea.
we need to take north korea.
Yes can. US will steal this minerals from some poor country in the third world.
There are so many problems with globalization. Not only does it create wealth disparity, by shipping jobs overseas, and funnelling the benefits to the wealthy. But it also creates security and economic threats. We're reliant on China for rare earth metals. We're reliant on Taiwan for semiconductors. What else are we reliant on that poses a grave threat? We should never have let globalization get this bad, but western capitalism is greedy, and politicians were glad to accept bribes to screw us over.
Problem is the mining and extracting rare earths, is not economical if someone else can do it cheaper. Western rare earth mines have been bankrupted many times over, the cost to run them and they produce very little at 12 times the cost of buying them from the international market.
The middle east has oil, China has rare earth metals and the Americas and Europe have food, we need to start leveraging that in the way oil is leveraged by OPEC.
A most unfortunate reality.
“Environmental regulations in China are looser”
😆😆😆 ya think??!