Quantum Windbag
Gold Member
- May 9, 2010
- 58,308
- 5,101
- 245
Specifically, the rare earths that are needed to make green energy work.
FT.com / Commodities - Rare earth prices soar as China stocks up
I expect to wake up one day and find we have gone to war with China over lithium. Will that be more humane than going to war over oil?
Prices of some rare earth metals have doubled in just three weeks amid heavy stockpiling in China that has raised fears over global supplies. China produces more than 90 per cent of the worlds rare earths, 17 elements used in hybrid cars, fluorescent lights and many high-tech applications. Japan and the US, the worlds biggest importers of rare earths, have repeatedly voiced concerns to China, while complaints from industrial users of rare earths have been growing. Last year, China cut their exports by 40 per cent and temporarily banned exports to Japan during a political dispute.
FT.com / Commodities - Rare earth prices soar as China stocks up
I expect to wake up one day and find we have gone to war with China over lithium. Will that be more humane than going to war over oil?