The U.S. Moves To Break China's Monopoly Over Rare Earths

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California Mine Will Reopen to Meet U.S. Demand for Rare Earth Materials -- Popular Science

Japan has already taken measures to innovateand make deals around China’s monopoly on the global supply of refined rare earth elements, and the U.S. is now doing the same. Rare earths producer Molycorp has secured the proper permits and clearances needed to reopen the Mountain Pass, Calif., mine that should be able to cover the current domestic demand for rare earths once it reaches full production.

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More News On Rare Earths

Undermining China's Monopoly on Rare Earth Elements -- Technology Review
Rare Earth Element Mining is Re-Starting in the U.S. to Break China's Near-Monopoly -- Tree Hugger
Hitachi Joins California Rare Earths Race -- Fast Company
How China’s Rare-Earth Chokehold Has Helped One Small U.S. Company -- BNet
Hitachi and Molycorp plan rare earth joint venture -- CNET

My Comment: If I was the Chinese, I would be saying that we have overplayed our hand.

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