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How did China End Up Controlling the Most Important Rare Earths?
7 days ago
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China controls much of the global mining and refining of the critical rare earths that are crucial for our technology and national security. How did this happen?
“China has been at this over a period of decades. They're not only in many cases controlling the mining around the world with their investments as part of their Belt and Road [initiative], but they bring all those materials back to China and do the processing there, and then sell them to the world,” Secretary Doug Burgum told me.
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