Rare earth mineral production boost outside of China

Rare-Earth Mineral Supply Getting Boost From California, Australia - Slashdot

Rare-Earth Mineral Supply Getting Boost From California, Australia – SlashdotIn recent times, the world’s supply of rare-earth minerals has suffered from both increased demand, due to their use in modern technological devices, and uncertain supply.

This is really good news for the worldwide electronics industry, there does seem to be a recurring issue with China where they produce something very cheaply because labour is cheap and they don’t have the environmental restrictions that modern countries have. The rest of the world can not compete and close production giving China a monopoly, once this happens they then restrict the supply to boost the price, reap the profits and have a better bargaining position with other governments because they can hold them to ransom.

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