China will still have a disproportionate amount of rare earth metals (that one isn’t even a trend really, just describing geography)
Actually, it’s not about geography. Rare-earth elements aren’t that rare, it’s just that they’re difficult to separate from each other and produces a lot of pollution. China’s the main exporter because they don’t care much about pollution and they undercut everyone else in the market to gain a monopoly over the years
Actually, it’s not about geography. Rare-earth elements aren’t that rare, it’s just that they’re difficult to separate from each other and produces a lot of pollution. China’s the main exporter because they don’t care much about pollution and they undercut everyone else in the market to gain a monopoly over the years
That’s pretty much the story for all the monopolies they have. They’re willing to subsidize and pollute.
The big issue is long term it means they’re also the ones with the most experience building/manufacturing certain things.