U.S. rare earth internal truth exposed China

Since 2007, China began to implement mandatory plan for rare earth production and begin to reduce exports of rare earths. This caused the United States and Europe, Japan and other Western countries, the strong reaction, have to "China has the world's most rare earth reserves," claimed a Chinese rare earth export restrictions to cancel.

However, the U.S. authorities have recently launched a report showed that the "Chinese control the global rare earths" untrue accusations, in fact, China's rare earth reserves account for only one-third of the world, while the United States and Europe equally large quantity of rare earth reserves, but they are "frozen" together.

Countries due to pressure China rare earth export restrictions

Recently, the major importer of rare earth for their own interests, has been strongly advocating the "China Rare Earth three first (reserves, production and export volume)", "global rare earth in China", "China dominate the global supply of rare earth," and other words, the China hailed as rare earth storage big country, to encourage China to continue and intensify the current trend of cheap exports.

When China began to restrict exports of rare earths, these long-term in order to "earth prices" buy Chinese rare earth country, because of their own interests space is compressed, and even some attempt was crushed, have adopted a variety of pipeline to China in protest.

According to Japan's Kyodo news agency and the "Sankei Shimbun" and other Japanese media recently reported that the third day of the ministerial-level economic dialogue will be held in Beijing on the 28th, the Japanese side will take this opportunity to strongly urge China to relax restrictions on exports of rare earths. Prior to this, the United States and Europe also issued a similar sound.

In March, U.S. Rep. Mike - Kaufman said, China has hijack "America's market power," called on the government to protest to China and take advantage of the rare-earth prices have not soared before buying the next five years from China's rare earth reserves; 6 month, the EU issued a report, such as raw materials such as rare earths, "the EU's economic development is of great significance," related industries due to sharp drop in Chinese exports of rare earths, "the pressure will continue to increase." The United States and Europe but also for China's restrictions on a variety of products used in the production of steel and other rare earth materials for export to the WTO initiated complaints.


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