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China Plays Heavy Metal: Rare Earth Elements and the US Defence Industry Case Solution & Answer

In 2010, 97% of global production of rare earth elements (REE) were from mines in China. Global demand has tripled from 40,000 tonnes to 120,000 tonnes between 2000 and 2010, while China continues to reduce its annual exports. Fears of a crisis in Western countries has increased as other sources of supply of these materials were investigated. REE have been used in a number of products, particularly in the defense industry. Reports have indicated that the defense industry in the United States was “totally dependent” on imports of rare earths and advised defense contractors to try to limit their dependence on these products, and actively seek substitutes. The United States faces the challenge of rebuilding the domestic supply of rare earth to achieve self-sufficiency and protect the environment.
by
Carola Ramon-Berjano,
Marcus Schuetz
Source: University of Hong Kong
14 pages.
Date Posted: November 14, 2011. Prod #: HKU962-PDF-ENG
China plays Heavy Metal: Rare earth elements and solving cases of the defense industry in the United States

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