China not as great a threat on rare earths as they’d like you to think:
http://dailytorch.com/2019/05/china-not-as-great-a-threat-on-rare-earths-as-theyd-like-you-to-think/
The People’s Daily published a commentary threatening that China will cut the U.S. off from rare earth minerals used to make high tech components for computes, smart phones and military weapons systems. There’s only one problem. In 2018 the U.S. ramped up production to 15,000 tons of compounds according to the U.S. Geological Survey as the Mountain Pass site in California reopened. Soon, the processing facilities will be back online, too. So, China can do whatever it wants. What would happen is prices would go up, for a little while, and other countries including the U.S. would just fill in the gaps, not unlike the Arab oil embargo of the 1970s that simply encouraged the rest of the world to drill. What do you think?
