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Monthly Archives: May 2019
TradeWar: US Risks ‘Devastating’ Blow From China’s Rare Earths Monopoly
Posted on May 31, 2019
(Bloomberg) — Beijing’s threat to use its dominance of rare earths in the trade war risks serious disruption to U.S. industry, by starving manufacturers of components commonplace in everything from cars to dishwashers and military equipment. And, it’s a stranglehold that might take years to break. China could wreak maximum havoc by squeezing supplies of the magnets and motors that use the elements, said Jack Lifton, co-founder of Technology Metals Research LLC, who’s been … Continue reading →
Posted in Energy, Metal Marketing, Mining, News
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