To: Cogito Ergo Sum who wrote (198046 ) 4/13/2023 9:22:21 PM From: TobagoJack Read Replies (3) | Respond to folks are still failing to grasp that QQQ -50% in the cardsunherd.com What China’s rare earth metal ban means for the West Explainer threatening an export ban on rare earth metals in response to Washington’s recent decision to impose restrictions on exports of high-end semiconductors to Beijing. This is not the first time that China has mooted such a ban, with rumours circulating since at least 2019 as well as formal threats in 2021.accounting for 60% of rare earth mining, 85% of rare earth processing and 90% of high-strength rare earth permanent magnet manufacturing. Yet there are questions that arise about whether the sanctions would work. We have seen since sanctions were imposed on Russia last year how difficult it is to regulate commercially available technology. There is every chance that even if China banned exports of rare earth metals to the US, America could simply buy it through a third party — just as Europe is buying Russian oil via intermediaries in India.ban on rare earth exports from China. This followed a territorial dispute which broke out when Japan arrested a Chinese fishing boat captain near the contested East China Sea islands. The Japanese were then spurred to diversify the source of their rare earth metals and, as of today, they only import around 60% of their supply from China. Recently, Japan has been exploring the possibility of tapping into deep undersea reserves.consequences of rare earth metal processing, which creates toxic waste and has a high risk of causing damage to both the environment and to human health. These realities are embarrassing to those who advocate the use of technology like wind turbines and electric vehicles to save the environment. If China is no longer willing to do our dirty work, we may find ourselves with a national debate on the dangers and downsides of rare earth processing.
