Selling rare earths at a low price for 50 years, only to once get stuck in the neck of Europe and America, the United States shouted: strongly opposed

The Capital of Rare Earths With the progress of world technology, rare earths have become increasingly important, and countries have begun to establish rare earth industry chains. However, rare earths are mostly associated minerals, and in order to extract them, it is necessary to establish a large-scale metal smelting industry chain such as zinc, aluminum, and manganese

The Capital of Rare Earths

With the progress of world technology, rare earths have become increasingly important, and countries have begun to establish rare earth industry chains. However, rare earths are mostly associated minerals, and in order to extract them, it is necessary to establish a large-scale metal smelting industry chain such as zinc, aluminum, and manganese. Moreover, the smelting technology at that time was underdeveloped and could easily have an impact on the environment. Only China, the United States, and Russia have rare earth smelting and separation capabilities.

In the 1970s, China established a complete rare earth extraction industry chain and began exporting. At that time, most of the rare earths exported were semi-finished products, including Japan, the United States, and Europe. At that time, everyone knew the preciousness of rare earths, but we still chose a low price when exporting.

By 1986, China's rare earth production surpassed that of the United States, becoming the largest rare earth producing country. The United States, fearing pollution, has started to choose to transport the extracted rare earth minerals to China for processing. At that time, many people believed that our rare earths were being sold at a low price and were being sold for nothing by foreign companies. But what they don't know is that this is a big game played by our country, a big game that allows us to avoid being bullied.

In the 21st century, China, with its complete industrial chain and low prices, accounts for over 90% of the world's supply of rare earth products. The United States has closed its rare earth extraction production line and sealed off rare earth mines. On the surface, it is said that it is to leave resources for future generations, but in reality, China's rare earths are too cheap, and the United States' rare earth industry cannot be closed down without making money.

20102015

In 2015, we announced the cancellation of rare earth export tariffs and strict control of total production.

In 2016, the Ministry of Industry and Information Technology issued regulations for the rare earth industry, clearly requiring the protection of rare earth resources and promoting the upgrading of the rare earth industry structure.

In 2018, the National Development and Reform Commission issued rare earth market access conditions, prohibiting the development of new rare earth mines with a capacity of less than 20000 tons per year.

In 2020, the National Development and Reform Commission stipulated to further reduce the scale of foreign investment in the rare earth industry and include the rare earth industry as a key strategic resource.

In 2021, the Ministry of Industry and Information Technology will implement total quota control on rare earth production enterprises and regulate the scale of rare earth mining.

At this point, China has gained absolute say in global rare earths, and rare earths have become a sharp sword for us to defend ourselves. At this time, major chip industry countries such as Europe, America, and Japan have not yet realized this, or they do not believe that we will use rare earths as an article.

In 2023, under the continuous suppression of China's chip industry by the United States, China decided to use its "sword" to teach the other party a lesson. In July, China announced that it would implement export controls on two rare earth products, gallium and germanium. As soon as the news came out, Japan, South Korea, and the Netherlands immediately jumped out to oppose it. Because their Stepper and Semiconductor industry can not do without rare earth. As long as China runs out of supply, their industrial chain will collapse after consuming inventory.

Japan, South Korea, and Europe place their hopes on the United States because apart from China, only the United States and Russia own rare earth mines. But even if the United States immediately restarts its rare earth production lines, it will take at least 5 years and cost tens of billions of dollars.

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