China Tightens Grip on Rare Minerals
2nd September 2009
China currently accounts for 93 percent of production of so-called rare earth elements — and more than 99 percent of the output for two of these elements, dysprosium and terbium, vital for a wide range of green energy technologies and military applications like missiles.
Perhaps we ought to ask the Chinese what it’s like to have a government with a foreign policy based on the country’s own interests.