China’s exports of two rare minerals essential for manufacturing semiconductors fell to zero in August, a month after Beijing imposed curbs on sales overseas, citing national security.
So are these minerals currently 80% and 60% of the world’s supply because China has been selling it so cheap that other countries have not bothered to produce their own because it wasn’t financially worthwhile, or is it because those elements are mostly concentrated in China? Because if it’s the former, there’s not really much to worry about.
So are these minerals currently 80% and 60% of the world’s supply because China has been selling it so cheap that other countries have not bothered to produce their own because it wasn’t financially worthwhile, or is it because those elements are mostly concentrated in China? Because if it’s the former, there’s not really much to worry about.