China, rare earth
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Strategic metals like lithium and neodymium are important to high-tech manufacturing. We're looking at the top rare earth stocks, and why recent U.S.-China tariff drama has moved them.
The U.S. and China have been at odds over rare earth materials. In Rare Earth’s 1971 hit, “I Just Want to Celebrate,” there’s a line that goes “had my hand on the dollar bill and the dollar bill flew away.
Goldman Sachs flagged mounting risks to global supply chains of rare earths and other critical minerals, emphasising China's dominance in mining and refining, and outlining challenges for nations seeking to build independent supply chains.
Claims of a 694-million-ton rare earth element reserve in Eskişehir are being discussed by both experts and opposition politicians. We asked specialists about the possibility of this reserve positioning Turkey as the world’s second-largest producer after China.
The taconite mining and steelmaking company said there are signs of rare earth mineralization at two sites it controls.
China provides the majority of rare earth elements, which are critical to U.S. economic competitiveness and defense. A factory in North Carolina is part of an effort to process rare earths at home.
Because magnets are hard, they were heated to 800° C to demagnetize and soften them prior to grinding them to dust. The separated REE residue at the end of the process can be remagnetized by exposing them to a magnet.