Finally, China Pushes Too Hard and Rare-Earth Mining Begins Elsewhere

STAFF NEWS & ANALYSIS

Finally, China Pushes Too Hard and Rare-Earth Mining Begins Elsewhere

By Daily Bell Staff – July 14, 2016

By monopolizing the mining of rare-earth metals, China could dictate the future of high-tech … This year, global consumption is expected to be about 155,000 tons, far more than the 45,000 tons used 25 years ago. Demand will only grow — likely at an accelerated pace — as the world tries to rein in climate change.  At the moment, only China can satisfy that hunger. Yet in 2010, Beijing cut rare-earth exports by 40 percent — possibly to boost its high-tech sector — and cut off supplies to Japan over a territorial dispute. – Foreign Policy

We’ve dealt with the rare-earth scarcity myth several times. But it continues to reoccur in the mainstream media.

The article above mentions that China cut supplies of rare-earth

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