America’s War Machine Runs on Rare-Earth Magnets. China Owns That Market.
Tag: Rare Earth Elements
China Bans Exports of Rare Earth Tech as Critical Minerals Race Heats Up
China is prohibiting the export of some technologies to process rare earth elements to protect its national security as the race for critical minerals supply intensifies.
China Bans Exports of Rare Earth Tech as Critical Minerals Race Heats Up
NATO learning hard lessons about its future in Ukraine
Ukraine war shows NATO is ill-prepared to defend even its own territories while massive weapons expenditure exposes US in Asia-Pacific
NATO learning hard lessons about its future in Ukraine
The US-China chip war is about to get thornier
For as long as the chip war between the United States (US) and China has been going on, the latter has done little to nothing to retaliate. Many viewed Beijing’s nonchalant stand as a way to avoid hurting Chinese ambitions in telecoms, artificial intelligence, and other related industries.
The US-China chip war is about to get thornier
Stop spending Defense Production Act money on foreign suppliers
For the second year in a row, and just as the fiscal 2024 National Defense Authorization Act process peaks in Congress, the Biden administration’s Defense Department seeks executive branch authority to spend U.S. taxpayer Defense Production Act money with foreign suppliers, in addition to American ones.
Stop spending Defense Production Act money on foreign suppliers
‘We can de-risk but not decouple’ from China, says Raytheon chief
Head of aerospace and defence group says western manufacturers will find it impossible to completely cut ties
‘We can de-risk but not decouple’ from China, says Raytheon chief
Related:
Aerojet gets $215 million to boost production of solid rocket motors used in weapons for Ukraine
German lawmaker joins talks with Taiwan’s president, criticises Chancellor Olaf Scholz’s ‘unilateral’ China policy
German lawmaker joins talks with Taiwan’s president, criticises Chancellor Olaf Scholz’s ‘unilateral’ China policy (Yahoo)
“I think we could have avoided this if the chancellor had followed the outline that we laid down together. One year ago, we said that Germany’s China policy must be strongly integrated with the US-China policy,” he added, stressing that the “coalition contract” also supports Taiwan’s democracy against “China’s aggression” and its “meaningful participation in international organisations”.
…
Over the past two decades, business interests have heavily influenced the country’s China policy. Last year, their combined exports and imports stood at more than US$255 billion, making China Germany’s top trading partner for the sixth straight year.
Germany is dependent on China for solar panels, computer chips, rare earths and other critical minerals. The bilateral trade directly supports more than 1 million German jobs.
Germany’s top 10 listed companies are reliant on China for a significant share of their revenues. According to the Rhodium Group, a New York-based research institute, automakers BMW, Mercedes-Benz and Volkswagen and chemical giant BASF accounted for one-third of all EU investments in China in the past four years.
The Greens are idiots!
Why Greenland is really about China
Why Greenland is Really About China
China has recognized the importance of Greenland since at least 2015, when its state enterprises began to invest in mining companies there. China has invested in at least four key mining operations in Greenland, adding to its dominant position in the rare earth element market. Rare earth elements have unique properties essential to high technology products. They are vital in critical defense applications like fighter jet engines, missile guidance systems, as well as satellite communications systems, not to mention mobile phone and electric car motors. While the United States could once rely on its own resources for rare earth minerals, it is now almost fully dependent on imports, mainly from China.
Ms. Cat’s Chronicles 