Summary

China has now imposed export controls on a range of critical rare earth minerals and magnets, dealing a major blow to the US.

“Rare earths” are a group of 17 chemically similar elements that are crucial to the manufacture of many high-tech products. Everything you can switch on or off likely runs on rare earths.

The International Energy Agency (IEA) estimates that China accounts for about 61% of rare earth production and 92% of their processing.

A US Geological report notes that between 2020 and 2023, the US relied on China for 70% of its imports of all rare earth compounds and metals.

  • FistingEnthusiast@lemmynsfw.com
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    8 days ago

    It was very carefully and insidiously taken from you

    I agree that it was inevitable though. It was a county founded on the idea of fucking people over to get ahead

    Maybe there’s hope for the future. I sure hope that there is