Foreign media have recently paid close attention to the issue of rare earths. Some analysts said that in addition to rare earth metals, China has one of the most lethal weapons, rare earth magnets for rare earth processed products.
Nearly two-thirds of the magnet supply in the United States comes from China. Citigroup believes that in addition to US defense, other industries “have no ready-made ways” to break their dependence on China's rare earth supply.
Rare earth magnets are strong permanent magnets composed of rare earth elements. The output of mainland China accounts for more than 90% of the world. Among them, the most common neodymium magnets are widely used in various appliances and are more valuable than the rare earth metals themselves.
According to reports, China’s magnet exports last year totaled $1.7 billion, of which 65% of the total US imports came from mainland China. Citibank’s report pointed out that if China only imposes restrictions on the export of rare earth metals and rare earth alloys to the United States, and the processing capacity outside China is rapidly built, the United States can still cope. However, if the restrictions are extended to finished products such as magnets and permanent magnet motors, the et.png situation will be much more serious, and some special industries in the United States may fall into the trap of supply disruption. In addition, magnet plants outside China are mainly in Japan and Germany, but the rare earths of the two countries also rely on Chinese imports.
According to experts, rare earth magnets are more valuable than rare earths and are widely used in many sophisticated weapons. And it is essential and cannot be replaced. If China really buys rare earth and rare earth magnets at the same time, the blow to the United States will be fatal. In the past few years, China has reduced the export of rare earths. The United States and Japan even reported China to the WTO. In the end, the verdict was that China must export, and the typical strong buy and sell.
Today, as China's voice in the world is growing stronger, no country or organization dares to force the Eastern powers to do so. Our rare earths are our own owners. If we want to sell, we will sell them. If we don’t want to sell, we will not sell them. Whoever dares to play hard, ask the guys in our hands to promise not to agree now, as China’s voice in the world becomes stronger and stronger. No country or organization dares to force the Eastern powers to do this. Our rare earths are our own owners. If we want to sell, we will sell them. If we don’t want to sell, we will not sell them. Whoever dares to fight with us, ask if the weapons in our hands agree or not.