According to the latest financial channel report: an hour's drive southwest from the plateau Las Vegas office, there is a 120 meter deep gorge California Pass, which was once the world
World's leading source of rare earth ore, rare earth is the manufacture of military equipment, modern wind turbines and hybrid vehicles an important raw material. It is a night to become a world power debate. April 19, with the rare earth mineral rights in the United States, Yamaguchi Molly Mining Company (Molycorp) announced it has registered with the U.S. Securities and exchange Commission, plans to raise 500 million U.S. dollars by listing the ways that funds for re-exploration and expansion of this " strip. "Not long ago, China has adopted a quota system for domestic production and reduce the total exports and increase export tax rates, which rely heavily on China for weapons of rare earth (quotes, information, reviews) of products the United States, the domestic arms development in the field is bound to adversely affect . The United States was going to take this rare earth "political crisis" warning to China. Rare earth metals, the production of weapons and equipment in the United States have "no

alternative" strategic significance, the United States at this stage as "La, Ce, Eu, Gd," the lack of such rare earth metals, has been delayed for some heavy military weapons production cycle; and The United States is concerned about the future,Include "Nd, Dy, Tb," including the rare earth supply, it will be fully subject to the Chinese. After many discussions, the U.S.

Government Accountability Office that if the earth given to re-supply chain, would take about 15 years, and are subject to investment in infrastructure, research and development of new technology and the purchase of such issues as patent Chanquan constraints.
At present, the production of rare earth oxide content of 97% of the world. In the rare-earth mining area, a common

misunderstanding of world public opinion: that the rest of the world reserves of rare earth. In fact, outside of China, the former CIS countries, the United States, Australia, India, Canada, South Africa and Vietnam are also very focused on rare earth deposits.

China's reserves of 90 million tons of which, only 24% of the world's total reserves, while China accounted for rare earth mining 85% of the world. According to U.S. media reports, the U.S. mining company Morley's Pass mine in California is not the only rare earth mining area
Idaho, Colorado, Missouri, Utah and Wyoming and other places have reserves of rare earth resources.
Chevron mining arm of Morley Hill in California Pais rich rare earth deposit, the ore was discovered in 1949, Yamaguchi, 20, once control of the 80's RE market, but in view of external competition, internal oversight and government delayed approval of production and other issues, the mine was closed in 2002. Right now, China plans to raise export tax move rare earth metals, so

that in the past "peace of mind" of Americans generally like an ant on a hot pan, controlled the supply of quota restrictions on China's production, at a loss.
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