China to Tighten Hold on Rare Earths Market By Creating Single State Entity Controlling 70% of Chinese Production

China controls the majority of rare earths and is looking to assert greater control over the sector. It will combine three rare-earths producers to create a single state-owned company with nearly 70% share of domestic production with a American companies dependent on rare earths the motive is clear. China wants to give the impression  the move is to accelerate the development of resources and processing technology. However. two factors stand out. One is an attempt to give Beijing control over … Continue reading “China to Tighten Hold on Rare Earths Market By Creating Single State Entity Controlling 70% of Chinese Production”

American Military Companies Most Dependant on Chinese Rare Earth Supplies

American companies dependant on rare earths, which China controls the majority of, include military companies such as Raytheon Co, Lockheed Martin Corp and BAE Systems Plc. Tech companies such as Apple use rare earths for it’s phones.