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The Defense Department is on the hunt for scarce hard-to-find elements with superconductive or heat-resisting properties to be used to construct everything from stealth choppers to night vision goggles. The 17 sought-after elements, called “rare earths,” have special physical and chemical properties that are used to make smartphones, hybrid cars, and military equipment. The Pentagon is seeking more of the elements but 95 percent of the market is controlled by China
Instead of relying on China, the Department of Defense is asking scientists to come up with new ways to mine the “rare earths” in the United States, and to find alternatives. But the U.S. needs to move quickly, defense policy analyst Christine Parthemore wrote on Wired.com last year. “Unless America gets ahead of this problem, the United States will be unnecessarily ceding strategic advantage to commodity suppliers!
Originally posted by anon72
I can't help but feel that China is the next Japan.
I think it is another indicator of what is coming... soon. China is beating it's chest over several things.. especailly the South Sea area. .
Originally posted by ollncasino
Originally posted by anon72
I can't help but feel that China is the next Japan.
I think it is another indicator of what is coming... soon. China is beating it's chest over several things.. especailly the South Sea area. .
China has moved too soon with the rare earth metals and on the South China sea issue.
While China tends to try to play the long game, its leaders are only too human and demand respect NOW for what they presume China will become.
That has rather made their long term plan to dominate the South China sea and its neighbors rather transparent to everyone else and consequently, China's neighbors have been flocking to the USA's side.
Originally posted by TritonTaranis
China This.. China That, blah blah China Blah Blah Blah
The most overrated military in history ?
Originally posted by snoopyuk
i have also read this week in one of papers , that North Korea has the most rare metals deposits than most of the other countries in that region
makes you wonder.....
snoopyuk
Originally posted by anon72
I can't help but feel that China is the next Japan. They have been buying up natural resources all over the world at an alarming rate.. for years.
Originally posted by Cosmic911
I think it's just a sign that cellular phone sales continue to be on the rise. A lot of these "rare earth elements" are components in cell phones. Nothing more, nothing less.
Originally posted by moniker
Originally posted by anon72
I can't help but feel that China is the next Japan. They have been buying up natural resources all over the world at an alarming rate.. for years.
Except for rare earth minerals, as they are mined within China.
The USA used to mine rare earth minerals too, but it's an environmentally dirty business and most of the miners where shut down. Only a few rare earth miners remain in the USA now.
Originally posted by mbkennel
Originally posted by moniker
Originally posted by anon72
I can't help but feel that China is the next Japan. They have been buying up natural resources all over the world at an alarming rate.. for years.
Except for rare earth minerals, as they are mined within China.
The USA used to mine rare earth minerals too, but it's an environmentally dirty business and most of the miners where shut down. Only a few rare earth miners remain in the USA now.
There are no operating rare earth miners in the USA. They were previously bankrupted by Chinese dumping and China's lack of enforced environmental regulations.
The USA currently only has one Rare Earth open pit mine. The mine is owned by Molycorp and is located outside Las Vegas in the Mojave Desert. Rare Earth’s are really not that rare to find but they are very difficult and expensive to extract from ore.
Molycorp just started a new operation this year they've named "Project Phoenix" that they will not comment on but it seems they have found the Rare Heavy Earth’s: terbium, yttrium, and dysprosium at the site.
Originally posted by meticulous
Originally posted by mbkennel
Originally posted by moniker
Originally posted by anon72
I can't help but feel that China is the next Japan. They have been buying up natural resources all over the world at an alarming rate.. for years.
Except for rare earth minerals, as they are mined within China.
The USA used to mine rare earth minerals too, but it's an environmentally dirty business and most of the miners where shut down. Only a few rare earth miners remain in the USA now.
There are no operating rare earth miners in the USA. They were previously bankrupted by Chinese dumping and China's lack of enforced environmental regulations.
Looks like someone did not read all the replies to the OP.
The USA currently only has one Rare Earth open pit mine. The mine is owned by Molycorp and is located outside Las Vegas in the Mojave Desert. Rare Earth’s are really not that rare to find but they are very difficult and expensive to extract from ore.
Molycorp just started a new operation this year they've named "Project Phoenix" that they will not comment on but it seems they have found the Rare Heavy Earth’s: terbium, yttrium, and dysprosium at the site.