China’s rare earth producers say they are ready to weaponise their supply stranglehold, pass any tariff as cost to US customers

China’s rare earth producers, who control the lion’s share of the world’s output of the elements, said they are ready to use their dominance of the industry as a weapon in the country’s year-long trade war with their customers in the United StatesChinese producers will pass any tariffs on their exports to customers, in a move that would almost certainly add to the cost of the magnets, motors, light-emitting diodes and hundreds of other devices where they are found, according to an industry… Source link

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China’s war chest of rare earth patents give an insight into total domination of the industry

China is strengthening its grip on the rare earths supply chain and could use its dominant position as a bargaining chip in the US-China trade war.China has been investing heavily on facilities to do the bulk of the dirty and environmentally damaging mining and ore processing work for the world and systematically turning its know-how and methodologies into patents that could give it a competitive edge against its rivals.The country, which already supplies more than 80 per cent of the world’s… Source link

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Pentagon races to track US rare earths output amid trade war with China

The Pentagon is rapidly assessing the United States’ rare earths capability in a race to secure stable supply of the specialised materials amid the country’s trade war with China, which controls the rare earths industry, according to a government document seen by Reuters.The push comes weeks after China threatened to curb exports to the United States of rare earths, a group of 17 minerals used to build fighter planes, tanks and a range of consumer electronics.The Pentagon wants miners to… Source link

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Rare diseases are not uncommon, and may be the mother lode for the world’s pharmaceutical producers and researchers

Rare diseases may individually affect a relatively small number of patients compared to common ailments but the overall burden on society is heavy and drug developers should not ignore its market potential, says policy advocate.“Rare diseases are not that rare when one considers the fact that each patient’s disease also has a big impact on each of their family members and carers,” said Li Linkang, executive director of China Alliance for Rare Disease. “Medical experts have made a conservative… Source link

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A Xi’an girl’s escape from early death sheds light on China’s arduous journey to make drugs affordable for rare diseases

When Gu Ruofei was four and half years old, teachers at her school in Shaanxi province reported that she had trouble jumping during her dance class.As her motor skills deteriorated, doctors in the provincial capital of Xi’an suspected the toddler may be afflicted by a metabolic disorder that stunted her growth. Blood tests in Beijing confirmed in 2004 that Gu had mucopolysaccharidosis (MPS), a progressively debilitating disease caused by the absence of an enzyme. Undetectable at birth, symptoms… Source link

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Mine, replace or recycle: can the US, Europe and Japan end reliance on China for rare earths?

Rare earths will continue their outsize role as “vitamins” of the technology industry because substitutes for the 17 metallic elements cannot be produced quickly enough, or in sufficient amounts, to replace their critical performance-enhancing roles.The world awoke to the risk of having most of its rare earths in China in 2010, when the country cut off exports to Japan amid a territorial dispute. Although the ban was overturned four years later after a complaint to the World Trade Organisation,… Source link

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Will Beijing weaponise its rare earth supply in the US-China trade war?

Rare earths are essential to high-tech, renewable-energy, and defence-related technologies. Although China is responsible for 71 per cent of the world’s production, Brazil, Vietnam, Russia, India, Australia and America also have large reserves. RARE EARTHS IN THE HOMERare earths are essential components for a wide range of everyday applications including, energy, electronics, smartphones, electric vehicles and wind turbines MOBILE PHONESRare earth elements can be found in various parts of mobile phones including cameras, batteries, colour screens and more Only 0.25 g of rare earths are needed to create a mobile…

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China’s top economic planner refuses to rule out playing rare earths card against US

China’s top economic planning agency has once again declined to rule out the use of rare earths as weapon against the US, as relations between the two sides continue to deteriorate.Meng Wei, a spokeswoman for the National Development and Reform Commission, told a press briefing on Monday that China, which makes up 90 per cent of the global supply of rare earths, was “promptly studying” measures to utilise the “special value of rare earths as a strategic resource”.These included steps to improve… Source link

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China’s rare earth stocks are investors’ new hedge against trade war as Beijing rolls out countermeasures against Trump

In a twist, traders have found a hot new bet in China’s stock market that has churned out jaw-dropping gains specifically because of deteriorating US-China relations: rare earths.While the benchmark gauge Shanghai Composite Index has remained in the doldrums over the past month amid the trade stand-off between Beijing and Washington, China Minmetals Rare Earth, China Northern Rare Earth (Group) High-Tech and other major producers of the elements have shot up at least 34 per cent, making them… Source link

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US-China rivalry makes rare earths a matter of national security, rather than economics

If there is anything truly rare about rare earths, it must surely be the number of times any one of us ever thought or talked about them, until just a few months ago. But for some, rare earths have been front of mind for decades. China’s paramount leader Deng Xiaoping, who in 1987 visited Baotou in Inner Mongolia, noted later: “The Middle East has oil, China has rare earths.” In the United States, it seems rare earths has been a cottage industry for security strategists for decades. The more… Source…

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