Sunday, September 27, 2009

china's threat revives race for rare earths....,


NYTimes | A Chinese threat to halt exports of rare minerals — vital for high-performance electric motors in wind turbines, hybrid cars and missiles — appears to have backfired.
With control of more than 99 percent of the world’s production of these minerals, China could try to use a ban to force other countries to buy the crucial motors for these high-tech end products, instead of just the minerals, directly from China.
But other governments and businesses reactedSource: subrealism RSS Feed

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