China Moving To Restrict Neodymium Supply 477
GuyFawkes writes with this quote from the Independent:
"Britain and other Western countries risk running out of supplies of certain highly sought-after rare metals that are vital to a host of green technologies, amid growing evidence that China, which has a monopoly on global production, is set to choke off exports of valuable compounds. Failure to secure alternative long-term sources of rare earth elements (REEs) would affect the manufacturing and development of low-carbon technology, which relies on the unique properties of the 17 metals to mass-produce eco-friendly innovations such as wind turbines and low-energy light bulbs. China, whose mines account for 97 per cent of global supplies, is trying to ensure that all raw REE materials are processed within its borders. During the past seven years it has reduced by 40 per cent the amount of rare earths available for export."
Unobtainium! (Score:5, Funny)
Dupe (Score:5, Funny)
If you hurry up and copy/paste a few comments from there, you may be able to get a cheap +5 Informative.
Re:and why not ? (Score:2, Funny)
Re:and why not ? (Score:5, Funny)
Shhh! What the hell are you trying to do? Crap on the next economic bubble before it even gets started? Just shut the fuck up and be glad Big Brother gives you an energy ration at all!!!