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The United States and Mongolia cooperate to develop Mongolia's rare earth resources.
Mongolian Prime Minister Oyun Erden will go to the United States in August next year to discuss the development of rare earth resources with the United States. Mongolia has more than 80 minerals, including 16% of the world's rare earth reserves. With the wide application of rare earth elements in semiconductors and new energy, rare earths are gradually becoming a hot spot for mineral development. Although the United States has its own rare earth mines, they prefer to buy more rare earths from China because they do not have a mature process. However, due to the fact that China's supply of rare earths is not unlimited, China has made a readjustment of its export policy based on the conservation and control of resources. This has given Mongolia a sniff of an opportunity and is eager to sign a cooperation agreement with the United States on rare earths. However, Mongolia did not expect such a situation to happen.
Mongolia has stated that it will sign an "air freedom agreement" with the United States, which will allow direct flights between the two countries. While direct flights between China and Mongolia are not uncommon, with a population of only about 3 million in Mongolia, it is clearly not worth it. At the same time, there is speculation that Mongolia will open a direct route on this route, the purpose of which will include rare earth elements in addition to transporting passengers. In conclusion, air traffic is much faster than land and sea traffic. However, due to its inland location, Mongolia does not have a sea port, so the transit route is either China or Russia. Mongolia turned to China for help because of the unstable contradictions between Russia and the United States. This is a difficult problem for China, which is equivalent to indirectly helping the United States deal with the problem of rare earths. China is a responsible power, and of course it will abide by international law and will not veto Mongolia's transit request.
This move comes 10 years after Mongolia proposed to China, the port of Tianjin will be built into a logistics hub for Mongolia. The logistics base will help Mongolia deliver ore by road, train and other means to countries that need ore, such as Tianjin, South Korea and Japan. Obviously, Mongolia is also actively exporting rare earths in the hope of selling them. However, due to the lack of a complete rare earth resource processing chain in Mongolia, it is difficult to develop rare earth resources with the United States. U.S. companies also lack the processing links, believing that if Mongolia wants to produce these products, it must first ship them to China for processing. Therefore, the relationship between the United States and Mongolia will not have much effect on China's position in the rare earth industry. Whether Mongolia's opening of this route will have an impact on China's rare earth industry and threaten China's energy security is worthy of our great attention.
Prospects for cooperation between China and Mongolia in the rare earth industry.
Mongolia is one of the largest countries in the world and is one of the largest countries in the world. Through the joint efforts with China, Mongolia will further enhance the level of development and utilization of rare earth minerals in China and promote the economic development of the region. As far as China is concerned, the relationship with Mongolia will help to diversify its rare earth resources and reduce China's dependence on foreign rare earth resources.
But as far as China is concerned, Mongolia still faces many problems in rare earth mining. First of all, Mongolia's existing rare earth processing technology is seriously insufficient, and it cannot be refined and processed on a large scale, so only crude rare earths can be used for export. This means that Mongolia's rare earth products may compete directly with China's products, which will have some impact on China's products.
Secondly, Mongolia's rare earth minerals are mainly concentrated in the remote inland. This requires the construction of infrastructure, including transportation and energy, so that rare earth resources can be transported to processing centers or export ports. This will be a huge investment and technical support, and it will take a long time to complete.
In addition, the domestic political situation in Mongolia also has a certain restraining effect on rare earths between the two countries. Mongolia's political stability and changing diplomatic strategy will bring certain uncertainties to the cooperation between China and Mongolia in the field of rare earths. Therefore, when developing rare earth resources, we should carefully weigh the risks and benefits it brings, and seek a win-win approach.
On the whole, the cooperation between China and Mongolia may play an important role in China's energy security and the development of the rare earth industry. However, China is the world's largest producer and exporter of rare earths, and its resources are abundant, rich in resources, rich in resources, and occupy an important position in the international market. In addition, China will also strengthen with Mongolia to enhance its competitiveness in the world and promote the healthy development of China's rare earth industry.
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