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How important are rare earths? Is rare earth our winning weapon?
Rare earth is our winning weapon, but the card of "rare earth" can't be played casually. The exploitation of rare earth needs to pay a huge environmental price. After decades of game, the pattern of China's cheap rare earth export has not been fundamentally reversed.
Present situation and future of rare earths
There is no doubt that the purification and smelting of rare earths in China are the first in the world, and the export and import of rare earths in China are the first in the world. At present, all rare earths in the United States have to be sent to China for processing before they can be used.
It's just that this card can't be played casually, and a dozen is long-term, because the United States also has reserves, and I haven't figured out exactly how much, so once this card is thrown, it may take several years to be effective.
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