U.S. and EU restrictions on Chinese exports of rare earths appeal WTO, the news is encouraging.Because 50% of the world's rare earth resources in China, said that not only did the pricing of rare earth resources, but also because domestic companies competing to export at cost, making China's rare earth resources in strategic dominance continued loss. Now, the state finally know to export restrictions to protect the country's strategic resources. Hopefully, China's export restrictions can be successful, in order to break the existing civil war lay outside expert law with Chinese characteristics.

Recently, Zhejiang Province, the first in Zhejiang Northwest Geological Brigade discovered a large polymetallic deposit initially proven scandium scandium resources more than 70 tons worth about 70 billion yuan, it is learned, including scandium and other 17 kinds of rare earth metals including scandium primarily for defense, military, aerospace, nuclear energy and superconductors and other cutting-edge technology strategic reserves of rare earth metals belong to the state.

The importance of rare earth metals are more and more attention, it can be widely used in aviation, information, energy and other modern industries and even the iPhone screen will be used for each block.

Japan's rare earth supply diversification strategy is bearing fruit, 4 mesh 30, Japan and India to expand its exports of rare earths to reach a consensus in Japan one day after it was rumored that a new single rare earth gains Kazakhstan message count has been finalized before the Vietnam cooperation and Australia Japan from next year there will be 50% rare earth supply from countries outside China.In addition to the sea to find resources, Japan also through the establishment of national reserves of rare earth, waste recycling and other means to actively reduce its dependence on foreign rare earths.