The consequences of Europe and the United States restricting the export of rare earths have appeared

Mondo Finance Updated on 2024-02-16

The consequences of Europe and the United States restricting the export of rare earths have appeared, and Biden did not expect it!

Rare earths are not land in the true sense of the word, but many rare raw materials, such as germanium, gallium, and other rare raw materials, are actually rare earths.

Rare earth elements have a wide range of application prospects in semiconductor chips, aerospace, thermal insulation, etc.

With the rapid development of modern science and technology, rare earth resources are becoming increasingly important. At present, the world's rare earth raw materials are mainly imported from China, and it can be said that the development of rare earth industry and related technologies is very rapid.

On August 1, 2023, the state imposed export controls on rare metals such as germanium, gallium, and other rare earth materials related to them.

In the position of the United States and Western countries in a certain region, rare earths and related technologies have been controlled for half a year. Now it seems that the United States and the West are still trying to find an alternative, because China's dependence on rare earths is inseparable.

Since announcing export controls on rare earths, the United States has begun scouring the globe for other avenues, including Mongolia, in hopes of obtaining rare earths from the region. But now, it seems, there seems to be little progress.

Mongolia has a large mineral deposit, including rare earths, but exporting Mongolian rare earths to the United States is a headache. For example, in order to use rare metals, it must go through a series of processes such as mining, smelting, and refining, and Mongolia is relatively lagging behind in the development and industrial chain in this field.

Some time ago, it was reported that the rare earth cooperation between Mongolia and the United States was suspended for various reasons, and the project of the United States to obtain rare earth resources through Mongolia has basically collapsed.

In addition to the industrial chain and rare earth technology, another important issue is to ship Mongolian rare earths to the United States.

After discovering that rare earths could not be obtained from Mongolia, the United States was founded with the United Kingdom and Australia"Rare Earth Alliance"to find a collaborative approach to solving this dilemma.

According to the information released by the market research company, only the United States and Australia currently have rare earth extraction technology, not to mention high-tech such as refining, refining, refining, and refining, which is also a problem in technology and resources.

When the United States realized that it could not solve this problem, it had to extract germanium and gallium from scrap metals. However, such an approach can temporarily alleviate short-term problems, but it cannot take a long-term view.

After all, the reserves of GE and GA in waste materials are very limited, and their huge demand makes the entire industry chain grow and expand. At the same time, the extraction of germanium and gallium from waste residue should also form a complete industrial chain and have a considerable cycle.

Needless to say, the differences between the United States and the West over germanium and gallium are becoming more and more acute, the promised subsidies of the United States have been extended, and the trust of allies in the United States is also weakening. As a result, it is difficult for the United States to convince its allies to complete the entire chain of germanium and gallium plants.

In fact, because of the excessive reliance on China's imports of rare earth raw materials, the United States has previously proposed a "free rare earth project". This project has promoted the rare earth industry chain in the United States, but it has only initially established the basic industrial chain for mining and technical research, and has not yet been able to achieve mass production of high-quality germanium and gallium materials.

Needless to say, it is very difficult for the United States to solve the problem of germanium and gallium, but the effect is immediate"Stuck neck"feelings.

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