• Thursday, October 24, 2019

China's Rare Earth: News & Discussions

Discussion in 'China & Far East' started by Galactic Penguin SST, Sep 20, 2019.

  1. Yes, by securing the access to the DPRK's R.E.E.

    20.0%
  2. Yes, by securing the access to outer space R.E.E. (lunar, asteroids).

    0 vote(s)
    0.0%
  3. Yes, by securing the access to the Greenland's R.E.E. plus one of the above.

    0 vote(s)
    0.0%
  4. Nope.

    20.0%
  5. Other.

    60.0%
  1. Galactic Penguin SST

    Galactic Penguin SST FULL MEMBER

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    China's Inner Mongolia sees more rare earth in situ conversion

    (Xinhua) 07:49, September 20, 2019

    The city of Baotou, north China's Inner Mongolia Autonomous Region, has almost doubled its in situ conversion rate of rare earth raw material to 75 percent, the municipal government said on Thursday.

    Rare earth functional materials and applications accounted for more than half of the total rare earth industry output of the city, which is home to over 80 percent of China's rare earth resources.

    By upgrading its rare earth processing industries, fostering research forces and enhancing policy and funding, Baotou has stepped up its efforts to achieve high-quality industrial development in recent years, said Zhao Jiangtao, mayor of the city.

    Baotou's rare earth industry grew by 16.8 percent year on year to reach 17.6 billion yuan (about 2.5 billion U.S. dollars) in 2018, contributing 17 percent of the city's industrial economy.

    According to Zhao, the municipal government will speed up the construction of a new industrial park for rare earth materials.

    Known as China's "rare earth capital," Baotou has proven rare earth reserves of more than 100 million tonnes in its Bayan Obo mining area.

    http://web.archive.org/web/20190920033039/http://en.people.cn/n3/2019/0920/c90000-9616164.html
    http://archive.is/ukofH


    US, Australia to unveil plan on rare earth mineral supply

    Fri Sep 20, 2019 02:07AM

    US President Donald Trump and Australian Prime Minister Scott Morrison are set to release a plan on Friday aimed at securing the supply of rare earth minerals, a senior administration official said, as concerns grow that China could cut off shipments of the prized commodities.

    The plan will be unveiled during a state visit by Morrison to the White House, where space cooperation and plastic waste management will also be discussed, the official said on Thursday.

    "Both countries share an interest in making sure the global supply of rare earths is stable and secure," the official said.

    The goal of the plan, he added, was to pool expertise and resources "to make sure there's a stable and secure global market that's not easily disrupted by shocks and outside influences."

    Rare earths are a group of 17 chemical elements used in everything from high-tech consumer electronics to military equipment.

    Australia contains only 2.8% of the world's rare earth reserves, but accounts for more than half of the new projects in the global pipeline.

    Rare earth minerals need to be processed after they are extracted from the ground.

    There is only one operational rare earths mine in the United States, although the country has no processing facilities.

    China is the world's largest processor and producer of the minerals, accounting for more than 80% of global processing capacity.

    After trade talks broke down in May, Chinese President Xi Jinping visited a rare earths plant, sparking speculation that China would use its dominant position as an exporter of rare earths to the United States as leverage in the trade dispute.

    Chinese negotiators are in Washington for talks as the world's two largest economies try to bridge deep policy differences and find a way out of a protracted trade war.

    A Pentagon official said in August the Defense Department was in talks with Australia to host a facility that would process rare earth metals. The White House official did not respond on Thursday when asked if the plan set to be unveiled would involve such facilities.

    Australia's Lynas Corp Ltd, the world's largest rare earths miner and processor outside of China, is developing a processing plant in Texas. Chief Executive Amanda Lacaze said last month the company was open to receiving US government funding to build it.

    http://web.archive.org/web/20190920...a-to-unveil-plan-on-rare-earth-mineral-supply
    http://archive.is/jA24p

    Commentary

    Remember from now on, China has a proven rare earth reserves of more than 100 million tonnes, that's the same amount as what Trump wants to secure with the planned multibillion-dollar takeover of Greenland, that harbours 100 millions tons of REE.

    But still not sufficient enough to challenge China's dominance!

    [​IMG]
    https://archive.is/f3g5A/0e26bbfea542ee89dfde65a8803110d60a953b20.jpg ; https://archive.is/f3g5A/aa081d6a708ce4b550c3afcf1536c49ca404e362/scr.png ; http://web.archive.org/web/20190920042654/https://i.imgur.com/5BxNjd9.jpg
    1. China as the world's first Rare Earth Elements exporter, 2019.

    [​IMG]
    http://web.archive.org/web/20190808...img7/fs/Trumbeggarbowlworltour.1565277584.jpg ; https://defence.pk/pdf/attachments/...6/?temp_hash=d774ae55fb03e91fb700ad165d3930f5
    2. With more than 22 trillion dollars of debt, the U.S. will continue its beggar bowl's world tour, and as long as it needs to import Rare Earth Elements (R.E.E.) from China.

    [​IMG]
    http://web.archive.org/web/20190821030730/https://pbs.twimg.com/media/ECXzFuBXkAc0Dbf.jpg ; https://archive.fo/eqiR0/d85bfec5d7fd0898c8b3161238f17b3a51aff4de.jpg
    3. America's last ditch attempt to avoid its demise.

    [​IMG]
    [​IMG]
    :cool::smokin:8-)[​IMG]
     
    Last edited: Sep 20, 2019
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  2. S10

    S10 SENIOR MEMBER

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    US used to mine and refine their own rare earth elements. They shit down production due to cheaper foreign sources, mostly from China. If they have the need, they can reopen those mines.

    I think China needs to reduce its extraction and export of rare earths. It's non-renewable and causes huge environmental toll. It's time to protect the strategic reserve and the environment.
     
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  3. 8888888888888

    8888888888888 FULL MEMBER

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    USA can reopen their mine but will probably need to pay extra few billion to operate and use it.
     
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  4. trishna_amṛta

    trishna_amṛta FULL MEMBER

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    Even IF they re-open their own mine it won't be as economically viable compare to importing it. US labour cost and all others related regulation will drive the cost far higher compare to the alternative of importing them.
     
  5. Samlee

    Samlee SENIOR MEMBER

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    Pakistan Has Potential Rare Earths In It's North