The US, Australia and the EU are working on a supply chain of rare earth metals independent of China. To date, Beijing controls the majority of the rare-earth minerals extraction and processing market. Using economies of scale, China can keep prices low, so it is extremely difficult for new players to enter this industry.
from Sputnik News - World News, Breaking News & Top Stories https://ift.tt/3jYtEDW
via IFTTT
No comments:
Post a Comment