Rare Earth is to the role of high-tech industry has been compared to salt in the life
Rare Earth is to the role of high-tech industry has been compared to salt of life. Recently, the British media criticism of Western countries on the rare-earth lack of due attention to China's monopoly on the supply of 17 kinds of rare earth, and choked the European high-tech revolution throat. British "Daily Telegraph" on August 1 article that the U.S. General Accounting Office (GAO) recently released a report, the United States in the post-war control of the earth all the links in the supply chain. Rare Earth is to the role of high-tech industry has been compared to salt of life. Large U.S. military tanks, radar, missiles, small to iPad, BlackBerry, plasma TV, water filters, can not do without it. Recently, the British media criticism of Western countries on the rare-earth lack of due attention to China's monopoly on the supply of 17 kinds of rare earth, and choked the European high-tech revolution throat.
British "Daily Telegraph" on August 1 article that the U.S. General Accounting Office (GAO) recently released a report, the United States in the post-war control of the earth all the links in the supply chain. However, 90 of the last century, due to the influx of Chinese companies, the Western thin gold mining was out of the market. With the Mountain Pass, California's largest rare earth mine closure, mining of rare earth in the United States, Germany and Japanese companies have turned to China, at present, most of REE supply controlled by China, in 2009, 97% of the world's rare earth oxides are produced in China.
The article said, Japan has long been established "to maintain a stable supply of rare metals strategy", in the past five years, accumulating large quantities of rare earth, the Pentagon and the U.S. Department of Energy have yet to see this on the significance of U.S. security, so the second half of this year the Chinese Rare Earth exports will Xuanbu 72% quota reduction, only Europe and the United States in the move. Magnetic association said the United States, the United States is in a "silent crisis", the need to take immediate measures to make the United States from foreign domination, and the "reconstruction of the supply chain needs of this earth for 15 years."