US May Boost Rare Earths Mining to Counter Threat From China
WASHINGTON The Chinese communist regime has recently signaled that it could leverage its dominance in rare earth minerals, a threat that has prompted the Biden administration to take action to reduce U.S. reliance on China for rare earths that are used in everything from smartphones to electric vehicles to fighter jets.
In 1992, Chinese paramount leader Deng Xiaoping predicted the importance of rare earths to China’s future when he famously said: “The Middle East has oil. China has rare earths.”
Today, China is the dominant global supplier of the minerals, a group of 17 chemical elements used in the production of critical components of key technologies, which could easily be used as a weapon against other countries in a trade war or a conflict.
5 hours Iran Says It Will Return To Nuclear Compliance After U.S. Lifts Oil Sanctions 7 hours China Sets World Record For Deep-Sea Drilling In Disputed South China Sea 11 hours Total’s $5-Billion Uganda Project Set For Imminent Go-Ahead 12 hours Democrats Propose $8 Billion Bill To Clean Up Abandoned Wells 1 day Libya’s Largest Oilfield Could See Exports Interrupted 1 day Smaller Oil Tanker Rates Recover After OPEC+ Agrees To Ease Cuts 1 day U.S. LNG Exports Fall From Record Highs 1 day Oman s State-owned Oil Company QQ Mulls IPO 1 day Biden’s Plan Looks To Eliminate $35 Billion Fossil Fuel Subsidies 1 day M&A In U.S. Oil And Gas To Hit $3.4 Billion In Q1 2021
Feb 25, 2021
As China increases its assertiveness in trade and security in Asia, it has become essential for Japan, Australia and the United States to create a united front to counter Beijing.
If the three nations, which share common basic values and strategic interests, work together on fields including security, energy and economy, it will be beneficial for the stability of the Indo-Pacific region. With the U.S. already a security ally, strengthening ties with Australia should be Japan’s top priority.
Darwin, the capital of Australia’s Northern Territory, is a small city with a population of about 150,000, but it hosts the U.S. Marine Rotational Force, as well as two liquefied natural gas (LNG) production plants involving Japanese firms.
Supply chain woes: latest Biden executive order targets six key sectors agmetalminer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from agmetalminer.com Daily Mail and Mail on Sunday newspapers.
Company”) is pleased to provide the following commentary on recent notable developments in the rare-earth elements (“
REEs”) industry, in particular, as it pertains to the United States and allied nations. The increasing trade tensions between the People’s Republic of China (“
China”) and the USA, in addition to China’s strong economic growth and resultant increased internal demand for REEs, has reintroduced the urgent need for a complete US domestic REE supply chain into the US national conversation.
On February 18, 2021, CNBC
1 reported that the White House announced that it intends to issue a Presidential Executive Order, in the coming weeks, launching a comprehensive review of critical US supply chains, identifying immediate needs in specific critical areas, including critical minerals