Opinion | US has woken up to China’s rare earth challenge too late
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China’s latest export controls hit the US where it hurts. Washington’s attempts to develop its own rare earth industry will take years to bear fruit.

China’s tightening of export controls of its rare earth minerals by expanding licensing requirements for foreign firms has ramifications for countries such as the United States. The latter’s heavy reliance on Chinese imports and lack of domestic processing facilities make it increasingly vulnerable. The delay in treating rare earth minerals as a strategic necessity, the absence of reforms and the failure over the years to initiate domestic industrial policies will ensure that it lags…

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