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