The challengers to China’s rare earth monopoly

Original article by
rt.com – Page: Online : 12-Sep-19

China houses around 85 per cent of the world’s rare earths production capacity, with rare earths used in the making of products such as magnets and batteries, as well as having defence industry applications. The US imports around 75 per cent of its rare earths needs from China, and there is concern China could use this dominance as a weapon in the current China-US trade war. The Australian government recently flagged 15 rare earths mining projects that it will back as part of a combined effort with the US to combat China’s market dominance; the projects involve funding of $US$3.9 billion ($5.7 billion).

CORPORATES
LYNAS CORPORATION LIMITED – ASX LYC,{SHARE}AUSTRALIA. DEPT OF DEFENCE

Rare Earths Battle Looms as U.S. Aims to Counter China Export Threat

Original article by
Bloomberg – Page: Online : 6-Jun-19

The US-China trade war may escalate after China’s National Development & Reform Commission signalled that it will look at imposing export controls on rare earths. The US Commerce Department has responded by releasing a report which outlines a range of options to ensure continued supply of rare earths minerals, which are used in many consumer goods. China accounts for more than 70 per cent of global production of rare earths.

CORPORATES
CHINA. NATIONAL DEVELOPMENT AND REFORM COMMISSION, UNITED STATES. DEPT OF COMMERCE, CITIGROUP INCORPORATED, MP MATERIALS, LYNAS CORPORATION LIMITED – ASX LYC, CHINA RARE EARTH HOLDINGS LIMITED, CHINA NORTHERN RARE EARTH GROUP HIGH-TECH COMPANY LIMITED, JL MAG RARE-EARTH COMPANY LIMITED

Aussie miner in trade war crossfire

Original article by Alexandra Stevenson
The Australian Financial Review – Page: 20 : 13-Jul-18

China’s domination of the global rare earths market gives the nation significant power in a trade war with the US. Rare earth minerals are an essential component of consumer goods such as smartphones and electric cars. Chinese-made goods containing rare earths are among those being targeted by the Trump administration’s latest round of tariffs. Amanda Lacaze, the CEO of Australian-listed rare earths producer Lynas Corporation, says China could easily restrict global supply if a full-scale trade war erupts. Lynas produced about 12 per cent of global rare earths supply in 2017.

CORPORATES
LYNAS CORPORATION LIMITED – ASX LYC, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, ADAMAS INTELLIGENCE