Recently, the U.S.-led "Indo-PacificEconomyFramework "member states held a meeting and proposed to build" keyMineralsdialogue" to ensure that a "stable core" is established internallyMineralsChain”。This move is believed to be that the United States has set up a "small courtyard and high wall" camp in the economic and trade field in order to isolate China and prevent China's rise. After the meeting, IPEE (Indo-PacificEconomyFramework) made it clear that it will strengthen cooperation with other member countries, particularly on lithium and other critical mineralsChainin order to counter China's "growing influence".
In response to the actions of the United States, ChinaMinistry of CommerceThe Ministry of Science and Technology issued the "Catalogue of China's Prohibited Export Restriction Techniques" and decided to ban exportsRare earthsrefining, processing, and utilization technologies, as well asRare earthsProduction technology for metal and alloy materials. This move has significant implications for the United States and Western countries, as China is globalRare earthsA major producer,Rare earthsMining accounts for 60% of the world's share, while processing and refining accounts for nearly 90%. In addition, China dominates the worldRare earthsMagnetsof**,Rare earthsFor the United States, the West is crucial, for example, the production of an F-35 fighter jet needs to use 417 kilogramsRare earthsmaterials, a nuclear submarine needs to use more than 4 tonsRare earthsMaterial.
China bannedRare earthsThe move to export technology has put the United States and other Western countries in an awkward position. Although the United States and Australia haveRare earthsmining capacity, but no large-scale processing technology;Malaysia is able to processOre, but not producedMagnets；Japan is able to produceMagnets, but noRare earthsMine. Thus, China's ban is in the hands of Western countriesRare earthsThe refining process becomes more difficult.
A ban issued by ChinaRare earthsTechnology export measures for Chinese enterprises and researchers in the extraction and processingRare earthsThe technical and practical advantages of the field have been highlighted. It also shows that China is inRare earthsThe field has strong hole cards.
Rare earthsIt not only contains 17 metal elements, but also produces themRare earthsMagnetsessential key raw materials. Rare earthsMagnetsOn a smartphone、Electric vehiclesand the manufacture of jet fighters, wind turbines and other fields.
China masteredRare earthsrefining and processing technology has made the United States and Western countries inRare earths** in a difficult situation. Even if the United States can find an alternative to ChinaRare earthsresources, but still unable to refine and process, can only sigh. Because there are almost no in the world except for ChinaRare earthsRefinery.
The reaction of the United States and the West to China's measures exposes their double standards. They say China's actions are "tinged with geopolitical competition," but they ignore their own approach to ChinaEconomyIsolated behavior.
Will China further strengthen its gripRare earthsThe restrictions are not yet known. However, in any case, China as a globalRare earthsGiants with more hole cards to play.
At present, China only regulates germanium and gallium-related items, as well asRare earthsprocessing and refining technology. But China has not yet fully unleashed itRare earthsThe potential of the resource. InRare earthsIn the field, China still has more technology and resources to use.
The United States and Western countries have achieved this by constructing "keyMineralsdialogue" and the exclusion of ChinaRare earthsto try to stop China's rise. However, China passed the banRare earthsThe measures of technology export have successfully counterbalanced the Western countries inRare earthsInfluence in the field. China asRare earthslarge producers, in the extraction and processingRare earthshas a huge advantage. China also has more cards to play, making it difficult for the United States and Western countries to replace ChinaRare earthsResource. This series of measures shows that China is inRare earthsChainaspects of strength and strategy.
With global pairsRare earthsThe increase in demand for China is inRare earthsThe position of the field will be further consolidated. In the future, China may further use its technological advantages and resource reserves to promoteRare earthsinnovation and development of the industry, and in the worldRare earthsChainto play a more important role. Eventually,Rare earthsChainwill change as a result of China's actions, further strengthening China in the worldRare earthsThe dominance of the industry.