At present China's rare earth output accounts for about 95% of the world's people will certainly think that these unknown metal is expensive because export restrictions, Obama on this issue and others should ask themselves - and once they do they should let China.To know the reason, first think about the full implication of it. The United States and other countries in China told the country, it must sell more their own unique products.

"Environmental governance is not an excuse we used to raise prices." Face the question of foreign policy on China's rare earth industry and vice minister of Mr. Su on April 8 "rare earth association meeting" to the economic information daily, reporter on rare earth pollution were introduced in detail in "a massive black hole", he said China's rare earth mining cost of gruesome preliminary estimation in ganzhou alone because of mining environmental pollution caused by mine environmental recovery overhead expenses is as high as 38 billion yuan.

According to the Wall Street journal reported the authors of the report is based in the United States Illinois expert gareth - black metal research company to report 76 pp, the report called "vital rare earths" China 2010, total output 2010 tons of rare earths accounts for more than 96% of global rare earth production a lot higher than official Chinese 89000 tons of quota but as California and western Australia new prospect of the global supply of rare earth ore mining will radically change.Countless have sprung up in recent years, the world of rare earth project, according to the company's latest calculations, outside China and India, a total of 244 of the 381 companies are 36 countries development of rare earth project, "China's monopoly of a fundamental change in two years, six years have been severely weakened."

China's long-term a large number of exports of rare earth now China with 36.4% of its reserves to more than 90% of global rare earth supply for the world made great contribution to the supply of rare earth market and stable due to the large number of environmental issues and rare earth mining of rare earth resource itself is renewable nature begins to implement sustainable development strategy of rare earth resources in China, Japan is the rare earth resources recycling to begin but rare earth recovery and high cost, low availability and low cost performance.Second as a rare earth resources in the United States, since the Chinese market with cheap rare earths to the world of the domestic rare earth mining ban, and adjusted in rare earth export policies, the China to deflect blame China. Now the U.S. economic recovery is still slow, and catch up with the election year, this year provoked litigation right now, there are economic and political dual consider.