Rare earths at the heart of future tech, geopolitical rivalry
Government
PARIS Rare earths are minerals used to make magnets crucial to the auto, electronic and defence industries, as well as in renewable energy. The U.S. Treasury Secretary slammed export curbs imposed by Beijing last week on technologies used for rare-earth mining, smelting, and other processing steps. Scott Bessent said it was " China versus the world". Are they rare? Not really. With names like dysprosium, neodymium and cerium, rare earths are a group of 17 heavy metals that are abundant
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