China’s rare earth supplies could be vital bargaining chip in U.S. trade war [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
China’s rare earth supplies could be vital bargaining chip in U.S. trade war Rare earth elements are used in a wide range of consumer products, from iPhones to electric car motors, as well as military jet engines, satellites and lasers. Rising tensions between the United States and China have sparked concerns that Beijing could use its dominant position as a supplier of rare earths for leverage in the trade war between the two global economic powers. WHAT ARE RARE EARTHS USED IN? Rare earths are used in rechargeable batteries for electric and hybrid cars, advanced ceramics, computers, DVD players, wind turbines, catalysts in cars and oil refineries, monitors, televisions, lighting, lasers, fibre optics, superconductors and glass polishing. Story continues below advertisement Several rare earth elements, such as neodymium and dysprosium, are critical to the motors used in electric vehicles. RARE EARTHS IN MILITARY EQUIPMENT Some rare earth minerals are essential in military equipment s
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