Search results
Results from the WOW.Com Content Network
The rare earth industry in China is a large industry. Rare earths are a group of elements on the periodic table with similar properties. Rare earth metals are used to manufacture technologies including electric vehicles (EVs), wind turbines, consumer electronics and other clean energy technologies. Rare earth elements are also important to national governments because they are used in the ...
The first stage, the mining process yields rare earth ores. More than 60% of rare earth metals (as of 2019) are mined by China and through controlled entities predominantly in Africa. [2] The second stage is the refining process where ores are separated into some pure metals and some concentrates of light rare earths or heavy rare earth metals.
As happened with China's rare earth export curbs in 2010, prices are likely to spike if supply is tightened, so any prolonged supply crunch could drive up inflation for end products. The tech Cold War
In 2010, China halted all rare earths exports to Japan, after the country detained a Chinese fishing captain near disputed islands in the South China Sea. Later that year, China slashed its export ...
China's rare earth exports rose 19.2% year-on-year in March, customs data showed on Tuesday, hitting their highest since at least 2014 as a backlog of product was shipped, helping the industry ...
In 2008, China Northern Rare Earth merged with Baotou Steel Rare Earth, and by 2009 the company's market share reached 90%. In 2010, the company's performance rose dramatically, increasing by a factor of 12.46. [6] In 2014, Baotou Steel Rare Earth established China Northern Rare Earth Group, one of the largest rare earth corporations in China. [7]
Rare Earths Norway’s discovery comes at a time when Europe and the U.S. have had tense trade relations with China. Many of those tensions are wrapped up in national-security issues as well.
China is reportedly moving toward banning rare earth metal exports to keep high-tech advantages within the country.