Monday, December 24, 2018

Risky Reliance: The US's Dependence on China for Rare Earth Minerals

 

Risky Reliance: The US's Dependence on China for Rare Earth Minerals: A Chinese warship's aggression against a U.S. Navy vessel last month makes questionable the wisdom of American dependency on China for 71% of America's rare earth minerals (REM). According to a recent U.S. Geological Survey (USGS) summary report, the U.S. produces only 24% of the REMs needed to produce many American manufacturing necessities. Rare earth minerals are necessary for agriculture fertilizers, high-tech and green energy products, oil-refining processes, and military equipment.

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