Already, China is restricting supply so that REEs will be completely consumed domestically. Heavy REEs are key to high-tech manufacturing… Obama barely scratched the surface on their importance. There are plenty of heavy REE in US not just waiting to be mined, but sitting in tailing ponds and waste streams. …
Vague Thorium regulation and fear of liability allows China’s (heavy) Rare Earth Elements (REEs) monopoly to persist.
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China’s monopoly on heavy rare earths allows them to capture tomorrow’s thorium economy.
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