Ignoring China's grip on metal production is not an option
Last updated 6/3/2021 at 8:40am
China’s growing dominance of critical metals production and its vast stockpiles is setting off global alarms as economies emerge from the punishing COVID pandemic. It is not only fear of the Chinese control of refined rare earth minerals, but more traditional metals such as manganese.
Ores containing these elements are located in deposits across our planet; however, the technology to process them is largely in China. As the People’s Republic of China (PRC) under Xi Jinping exerts its leverage, China is tightening export allocations and driving up prices.
Rare earth metals are important...