China stops rare earth minerals to US
Why you should care ?
Whelp-Rare earths, in case you need a refresher, are a class of 17 elements used in everything from mobile phones, to hybrid car batteries, to flat-screen TVs, to guided missile systems, to wind turbines.
If it involves cutting-edge modern technology, chances are it requires rare earths.
So what’s the rub? Right now, China controls 93-97% of the world supply, depending on the source you choose to cite at your next cocktail party.
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