1988RedT2
1988RedT2 MegaDork
4/21/23 2:28 p.m.

https://japannews.yomiuri.co.jp/world/asia-pacific/20230405-101753/

  • China is reportedly moving toward banning rare earth metal exports to keep high-tech advantages within the country.
  • By limiting supplies of high-performance components—such as magnets—to the rest of the world, China could take a swing at the economies of the United States and Japan, among others.
  • Plans to implement the export ban could be finalized in 2023.
Streetwiseguy
Streetwiseguy MegaDork
4/21/23 3:02 p.m.

Canada has all sorts of rare earth's.  Welcome your new Canuck overlords with open arms, my children.

aircooled
aircooled MegaDork
4/21/23 3:05 p.m.

There appear to be a number of deposits in the US.  Maybe we should get them from here? 

Mexico apparently has some good deposits also.

No idea how easy they are to get or if we can use slave labor, uhm, I mean, people being "re-educated" to do that.

https://pubs.usgs.gov/sir/2010/5220/

GameboyRMH
GameboyRMH GRM+ Memberand MegaDork
4/21/23 3:05 p.m.

South America is another major exporter. California also has a lot in the ground that they don't mine for environmental reasons.

This is retaliation for the US keeping China from getting the latest chip foundry equipment.

aircooled
aircooled MegaDork
4/21/23 3:08 p.m.

China has a LOT of them though...

...based on where most are, they seem more like A-Hole deposits... Vietnam is pretty nice though, not like we every did anything bad to... what?... really?  Uh oh...

In the rare earth industry, China’s dominance has been no accident. Years of research and industrial policy helped the nation develop a superior position in the market, and now the country has the ability to control production and the global availability of these valuable metals.

This tight control of the supply of these important metals has the world searching for their own supplies. With the start of mining operations in other countries, China’s share of global production has fallen from 92% in 2010 to 58%< in 2020. However, China has a strong foothold in the supply chain and produced 85% of the world’s refined rare earths in 2020.

https://elements.visualcapitalist.com/rare-earth-elements-where-in-the-world-are-they/

Driven5
Driven5 UberDork
4/21/23 3:15 p.m.

Dear Vietnam/Brazil,

Do you like money? Y/N

Do you want ours? Y/N

Sincerely,

USA

GIRTHQUAKE
GIRTHQUAKE SuperDork
4/21/23 3:24 p.m.

Rare earths also includes the mining and proper casting of things needed for say, neodymium magnets- its a massively dirty process, and it's partly why they maintain the lead. They don't care lol

alfadriver
alfadriver MegaDork
4/21/23 3:39 p.m.

So basically another sign that the massive pivot to cheap Chinese labor in the 90's was a bad idea. 
 

I'm shocked. 
 

I always thought of the irony getting labor from a communist country when the same companies fight so hard against labor unions. 

02Pilot
02Pilot PowerDork
4/21/23 4:27 p.m.

The Vietnamese hate the Chinese a lot more than they hate the US. They'll probably ramp up production out of spite.

GIRTHQUAKE
GIRTHQUAKE SuperDork
4/21/23 4:31 p.m.

In reply to alfadriver :

If it makes anyone feel better, it's not really a lead China can maintain; they economically have to convert their economy into one that's more advanced and upper scale (I'm sorry I don't remember the official economic term) but that means moving your factory workers out and educating them, so you can build your specialized consumer items- but then you're not selling much out of your factories, which is your major economic driving force. And that's not even detailing potential future technologies, or the EU making their own.

ShawnG
ShawnG MegaDork
4/21/23 9:10 p.m.
Streetwiseguy said:

Canada has all sorts of rare earth's.  Welcome your new Canuck overlords with open arms, my children.

If the Canadian government owned the Sahara desert, we'd run out of sand in three years.

Streetwiseguy
Streetwiseguy MegaDork
4/21/23 10:55 p.m.
ShawnG said:
Streetwiseguy said:

Canada has all sorts of rare earth's.  Welcome your new Canuck overlords with open arms, my children.

If the Canadian government owned the Sahara desert, we'd run out of sand in three years.

No, we would have all sorts of sand, but we'd import Saudi sand.

Beer Baron
Beer Baron MegaDork
4/22/23 7:12 a.m.

What are the chances that the Chinese government is lying and has inflated how much reserves they have?

Mr_Asa
Mr_Asa UltimaDork
4/22/23 9:08 a.m.

In reply to Beer Baron :

100%

Only a certain level of lying is possible though.  Most of the lying is probably about how easy it is to get it.

ShawnG
ShawnG MegaDork
4/22/23 9:48 a.m.
Mr_Asa said:

In reply to Beer Baron :

100%

Only a certain level of lying is possible though.  Most of the lying is probably about how easy it is to get it.

It's easy to get when you have plenty of expendable labour.

 

SkinnyG (Forum Supporter)
SkinnyG (Forum Supporter) PowerDork
4/22/23 10:00 a.m.

Maybe we need to set up in a nearby country, and do something like this:

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