The Conversation (0)
Bloomberg reported that Jack Lifton doesn’t see the United States’ complaint about China’s rare earth export quotas as a good move by the US.
Bloomberg reported that Jack Lifton doesn’t see the United States’ complaint about China’s rare earth export quotas as a good move by the US.
As quoted in the market news:
While the U.S. has Mountain Pass and other rare-earth deposits, it lacks sufficient manufacturing capacity to take the commodities and make them into rare-earth products such as magnets, Lifton said. Any change in Chinese exports may benefit Europe and Japan, where there is more manufacturing capacity, he said.