Trump outmaneuvers China in battle for rare earth power
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What are rare earth elements and why are they important?
So-called rare earth elements refer to 17 chemically-similar, silvery-white elements that are used to make magnets – which in turn power motion for electric vehicles, cell phones, missile systems and other electronics.
The U.S. doesn’t produce the minerals and metals needed for renewable energy, microchips or military technology. Authorities want to change that as quickly as possible.
Mining stocks are particularly risky due to the very high cost and long process of developing and expanding mines. Buying an exchange-traded fund (ETF) can be a less risky way to gain exposure to critical minerals and rare-earth elements relative to buying individual stocks.
China’s far-reaching rules already affect manufacturers of semiconductors, cars and many other products. They will soon become much broader.
Pakistan has shipped its first batch of enriched rare earth elements and critical minerals to the United States, kicking off a $500 million partnership signed last month. The shipment, which was delivered to U.
The SG4 Menteris Besar Council - comprising the opposition-led states of Terengganu, Kedah, Kelantan, and Perlis - has stressed that past mistakes, particularly those involving oil royalty agreements, must not be repeated in the management of rare earth elements (REE).
Extreme heat forged Earth’s continents billions of years ago, creating the stable foundation that made life possible.