Business
Lynas gains on report China could ban rare earth exports – The Australian Financial Review
The move, as reported, is showing the ‘dangers inherent in Beijing’s dominance’, one industry player says.
New York-based Australian mining investor Pini Althaus, who is CEO of USA Rare Earth, which is developing a mine in Texas, said the world was now seeing first hand the dangers inherent in Chinas dominance.
This move, if enacted, would go beyond the Chinese Communist Partys Made in China by 2025 and Belt and Road initiatives, both of which are tools for Chinas continued dominance as a global manufacturer and exporter of finished goods, and be more about weaponising rare earth exports, as China has…
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