The Rising Chorus of Renewable Energy Skeptics
The green techno-dream is so vastly destructive, they say, ‘we have to come up with a different plan.’
Stay updated with breaking news from Bayan Obo. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The green techno-dream is so vastly destructive, they say, ‘we have to come up with a different plan.’
The discovery of deposits of large quantities of rare earths in Sweden marks the beginning of the end of the dependency of Europe on China for rare earth materials which, for their widespread usage in hi-tech areas, is regarded as valuable as gold, The Hong Kong Post reported.
WHITON: If Biden wants his State of the Union address to mean anything, he should begin by laying out a strategy to counter China - and that starts by shoring up America's incredible vulnerabilities.
China absolutely dominates the rare earth elements market. In fact, China produced 61 per cent of global rare earths, which equated to 168,000 tonnes, in 2021.
China has an estimated 44 million tonnes of rare earth reserves, the highest in the size of Vietnam, Brazil and India with half that amount, while the USA has only about 1.8 million tonnes, , china, rare earth elements