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Tue Apr 3, 2018, 09:55 PM

Would somebody please tell Stupid about rare earth minerals and the fact that China owns 97%.

Our trade with China is very complex. When Stupid puts on a hefty import tax on aluminium it will raise the cost of everything we make that uses aluminium, like Boeing jets. This will put pressure on sales and profits.

There are dozens of other economic inter relations that we share with China where someone who is an amateur on trade will think is a really good idea but will damage us more than it will China.

One of these areas where we need rare earth minerals for advanced electronics.

One of the advantages of the WTO is that it sets a basic level playing field where trade issues are settled on principle and precedent. Multi lateral institutions have worked very very well for the US. We have own most of the cases we have brought. One of the most important areas is when the Obama administration took China to the WTO and won over China's use of quotas to keep rare earth minerals in China so that advanced manufacturing would have to be done in China. This is the kind of thing that a China First President would do as Stupid would try and do if we owned 97% of rare earth minerals.

If Trump continues his idiotic trade war expect China to hold back rare earth minerals and even threaten to leave the WTO if necessary.

Here is some background on rare earth minerals:

1) Obama administration wins WTO complaint about export quotas for rare earth minerals:



https://en.wikipedia.org/wiki/Rare_Earths_Trade_Dispute

The Rare Earths Trade Dispute was a trade dispute between China on one side and several countries led by the US on the other. The dispute was over China's export restrictions on rare earth elements, plus Tungsten and Molybdenum, which are used to make many electronics such as smartphones. China controls 97% of the production of these elements. The US, EU and Japan argued that the restrictions were a violation of the WTO trade regulations. In 2012, the Obama administration filed a case with the Dispute Settlement Body of the WTO. In 2014, the WTO ruled against China, which led China to drop the export quotas in 2015.





2) China has a near monopoly on Rare Earth Minerals



The rare earth industry in China is a large industry that is important to Chinese internal economics. The rare earth metals are used to manufacture everything from electric or hybrid vehicles, wind turbines, consumer electronics and other clean energy technologies.[1] Rare earth minerals are a group of minerals containing relatively large amounts of the 17 rare earth elements[2]. They are dispersed in low concentrations and are costly to extract from ore.[3]

China's rare earth industry makes up 97 percent of rare earth trade worldwide.[4][5] It is estimated the world has 99 million tonnes of rare earth reserve deposits.[6] China's reserves are estimated to be 36 million tonnes or roughly 30 percent of the world's total reserves.[6]



3) Where Rare Earth Minerals are needed and the industries that Stupid is about to wipe out in the US. All that is needed to wipe out the companies that use Rare Earth Minerals as essential raw materials is to disrupt shipments for 6-9 months. A dispute with the WTO typically takes about 3-5 years to settle and China could simply walk away from the WTO if there is an escalated trade war.



https://www.thebalance.com/rare-earth-metals-2340169

Rare Earth Metals and Their Applications

In order of increasing atomic mass, the rare earth metals and some of their common applications are given below.
•Scandium: Atomic weight 21. Used to strengthen aluminum alloys.
•Yttrium: Atomic weight 39. Used in superconductors and exotic light sources.
•Lanthanum: Atomic weight 57. Used in specialty glasses and optics, electrodes and for hydrogen storage.
•Cerium: Atomic weight 58. Makes an excellent oxidizer, used in oil cracking during petroleum refining and is used for yellow color in ceramics and glass.
•Praseodymium: Atomic weight 59. Used in magnets, lasers and as green color in ceramics and glass.
•Neodymium: Atomic weight 60. Used in magnets, lasers and as purple color in ceramics and glass.
•Promethium: Atomic weight 61. Used in nuclear batteries.
•Samarium: Atomic weight 62. Used in magnets, lasers and for neutron capture.
•Europium: Atomic weight 63. Makes colored phosphors, lasers, and mercury-vapor lamps.
•Gadolinium: Atomic weight 64. Used in magnets, specialty optics, and computer memory.
•Terbium: Atomic weight 65. Used as green in ceramics and paints, and in lasers and fluorescent lamps.
•Dysprosium: Atomic weight 66. Used in magnets and lasers.
•Holmium: Atomic weight 67. Used in lasers.
•Erbium: Atomic weight 68. Used in steel alloyed with vanadium, as well as in lasers.
•Thulium: Atomic weight 69. Used in portable x-ray equipment.
•Ytterbium: Atomic weight 70. Used in infrared lasers. Also, works as a great chemical reducer.
•Lutetium: Atomic weight 71. Used in specialty glass and radiology equipment.



Stupid isn't going to just wreck havoc in our agricultural exports and high paying manufacturing like airplanes he is about to put us 10 years behind in key future manufacturing like lasers and magnets, and no Stupid we are not talking about magnets for kids but industrial magnets.

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Arrow 20 replies Author Time Post
Reply Would somebody please tell Stupid about rare earth minerals and the fact that China owns 97%. (Original post)
grantcart Apr 2018 OP
Wellstone ruled Apr 2018 #1
eppur_se_muova Apr 2018 #2
grantcart Apr 2018 #8
magicarpet Apr 2018 #10
Takket Apr 2018 #3
ginnyinWI Apr 2018 #9
Scurrilous Apr 2018 #4
Blue_true Apr 2018 #5
grantcart Apr 2018 #6
Blue_true Apr 2018 #13
TheFrenchRazor Apr 2018 #15
Blue_true Apr 2018 #18
Hoyt Apr 2018 #7
Brother Buzz Apr 2018 #19
roamer65 Apr 2018 #11
roamer65 Apr 2018 #12
NewJeffCT Apr 2018 #16
TheFrenchRazor Apr 2018 #14
sl8 Apr 2018 #17
MineralMan Apr 2018 #20

Response to grantcart (Original post)

Tue Apr 3, 2018, 10:00 PM

1. Someone has to find a World Map and

 

a magic marker to circle the Mine locations. Stupid does not understand that he has our Troops guarding China's Mining Operations in Afghanistan.

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Response to grantcart (Original post)

Tue Apr 3, 2018, 10:04 PM

2. Also the world's major supplier of germanium ...

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Response to eppur_se_muova (Reply #2)

Wed Apr 4, 2018, 12:14 AM

8. Stupid thinks it comes from Germany.

Or Germantown.

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Response to grantcart (Reply #8)

Wed Apr 4, 2018, 01:03 AM

10. No, no, tRdump said it comes from geraniums.

?sw=320&sh=378&sm=fit

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Response to grantcart (Original post)

Tue Apr 3, 2018, 10:12 PM

3. because drumpf is an idiot who actully has no clue how the economy works

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Response to Takket (Reply #3)

Wed Apr 4, 2018, 12:43 AM

9. the only thing he knows is producing TV shows and

manipulating press coverage. That's about it folks.

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Response to grantcart (Original post)

Tue Apr 3, 2018, 10:41 PM

4. K&R

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Response to grantcart (Original post)

Tue Apr 3, 2018, 10:45 PM

5. Like everything, we have all of those Raw Earth materials here in the USA.

The problem is that mining most are difficult. Trump will create a crisis and then use it to relax environmental laws to allow ravaging of the environment.

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Response to Blue_true (Reply #5)

Tue Apr 3, 2018, 11:20 PM

6. All materials exist in quantity if you go deep enough. The REM that is commercially viable in

terms of density and being closest to the surface of earth is, as I understand it, uniquely available in China.

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Response to grantcart (Reply #6)

Wed Apr 4, 2018, 02:11 PM

13. You got to what I attempted to say.

It is about commercial viability. China can sell for less per kilo because they have less work to get to the elements. But if they cut us off, we could mine the elements, but the effect on the environment will likely be large if new mining techniques aren't developed. I liked President Obama's approach, develop alternatives from abundant elements, that requires research because the alternatives would be engineered composite materials. Republicans hate scientific research and jump to defund it.

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Response to Blue_true (Reply #5)

Wed Apr 4, 2018, 02:23 PM

15. the cost to mine them may be higher, but it can certainly be done in an environmentally safe way. nt

 

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Response to TheFrenchRazor (Reply #15)

Wed Apr 4, 2018, 03:00 PM

18. With novel mining techniques that protect the environment.

But I expect to see none of that from Trump.

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Response to grantcart (Original post)

Tue Apr 3, 2018, 11:38 PM

7. Yeah, but we have a lot of useless coal.

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Response to Hoyt (Reply #7)

Wed Apr 4, 2018, 03:12 PM

19. Useless? Superman can turn a chunk of coal into a diamond

That's got to count for something

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Response to grantcart (Original post)

Wed Apr 4, 2018, 01:17 AM

12. China is gonna play this one smart.

The Chinese will tell the companies affected by the embargo one thing.

Move your facilities to China and you will have access to all the REM’s you want.

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Response to roamer65 (Reply #12)

Wed Apr 4, 2018, 02:25 PM

16. China has a lot of faults

and they make mistakes, but their leaders tend to be very smart

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Response to grantcart (Original post)

Wed Apr 4, 2018, 02:22 PM

14. maybe we need to do some exploration and find some in the US; i don't think that being dependent on

 

China for practically every raw material and manufactured product is a good idea.

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Response to TheFrenchRazor (Reply #14)

Wed Apr 4, 2018, 02:40 PM

17. Mountain Pass rare earth mine

https://en.m.wikipedia.org/wiki/Mountain_Pass_rare_earth_mine

The Mountain Pass Rare Earth Mine is an open-pit mine of rare-earth elements (REEs) on the south flank of the Clark Mountain Range, just north of the unincorporated community of Mountain Pass, California, United States. The mine, owned by Molycorp Inc., once supplied most of the world's rare-earth elements. Molycorp is in bankruptcy proceedings as of Jan 2016.

Geology
The Mountain Pass deposit is in a 1.4 billion year old Precambrian carbonatite intruded into gneiss, and contains 8% to 12% rare-earth oxides, mostly contained in the mineral bastnäsite.[1] Gangue minerals include calcite, barite, and dolomite. It is regarded as a world-class rare-earth mineral deposit. The metals that can be extracted from it include:[2]

Cerium
Lanthanum
Neodymium[3]
Europium
Known remaining reserves were estimated to exceed 20 million tons of ore as of 2008, using a 5% cutoff grade, and averaging 8.9% rare-earth oxides.[4]

...

In July 2017, MP Mine Operations LLC (“MPMO”) purchased Mountain Pass. MPMO is currently working to recommence operations at Mountain Pass.


More at link.

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Response to TheFrenchRazor (Reply #14)

Wed Apr 4, 2018, 03:35 PM

20. Oh, we know where to find it in the US.

But we don't like mining in this country. The deposits are known, and mining has been done at many of them. However, most of those mines and processing plants are closed and shuttered.

We could begin mining and refining fairly quickly, if necessary, but we don't like mining in this country. We don't like it at all. It tends to pollute the environment, so we'd rather have it mined and refined elsewhere, so those places are damaged, rather than our places.

And that's the story of how mining has shifted, primarily to China and the third world. China doesn't mind polluting itself, and the third world is desperate for industry that creates wealth. China's enormous land mass is mineral rich, and it's now the leader in all sorts of mining.

We don't like mining in the US.

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