there are more rare earths in the devices in europe than in all mines on the planet taken together. it just needs another view. why digging out stuff which is already there? start to recycle instead of digging. In europe we're throwing away 40,000 tons of this precious material every year. Typical capitalist system. Insane and absurd.
yea that sucks... but you know what else sucks... how the diamond companies stock pile 90% of the diamonds they find and just hold them in storage to jack up the price of the diamond... these are all known. and is just a further reason why money/diamonds/and any other "expensive" item is ultimately worthless... governments put prices on things.. that shouldn't cost anything. money shouldn't be the main concern... Human life should
@AlternateArtisan but does their really need to be the influence of money? Why can't the main influence just be... because it's for the best for everyone? But i do understand where your coming from. Technically speaking we don't need money to influence us.. but they've made it to where if ya aint got money ya aint got much of anything... there can be furthering of a species without money. Do you know what I am saying?
architactless is right!America is the second large reserves country of rare earth metal but the Govt. never mine them, now she alliance with Japan and other western countries to coerce China sell them with low price as if that in the last century...is this your morality and justice ?wt are hypocrites=western alliance!
China will be stupid if she keeps exporting Rare Earth. Rare Earth is available in many countries, it is rare only because of its concentration - you have to destroy a lot of land to extract a little Rare Earth. This is why so many countries have them, but don't mine them,preferring to buy from China where labor and environment laws are lax.This hurts China,& China is waking up to that. Japan has 50 years stockpile of Rare Earth, so US & other allies can ask Japan for their supplies.
Strong china has never took cared of other small or poor country but expended its power to conquer them. If I am a politician, I never let any import from china.
@zvzvzvzo: Absolutely right. And don't open a company in China because those money-grubbing xenophobes will COPY and STEAL your patents and drive you out of business. That's precisely how they're getting rich: COPY - MASS PRODUCE WITH SLAVE LABOR - SELL TO POOR & DUMB CONSUMERS.
Right now, the rest of the world is absolutely dependent on China's exports of these metals. Without these Chinese exports, the western world would quickly run out of these precious resources. But in just a few years, the rapidly expanding Chinese economy will gobble up the entire domestic production of Chinese rare earth elements. So what will the rest of the world do at that point? . They will look to companies like LYNAS CORPORATION (LYC.AX) and ARAFURA RESOURCES (ARU.AX)
China holds 95%percent of the worlds supply, there is no way you could use up china's rare earths, china is regulating there rare earths industry and limiting there export quotas in order to push up prices!! Basket prices for rare earhs has more than doubled in the past year!!! Non chinese manufactuers are scrambling to find a steady and reliable source of these elements...The chinese want these for themselves so that they can be market leaders in green technology,cars,tv's,computers etc
@AzerChristians Actually... China went around the world, buying up the rights to rare earth minerals from less developed countries all over the planet. And now they are holding them tightly.
This has been flagged as spam show
To make your voice heard and discuss issues related to Rare Earths, search "sustainable scenarios kertechno" and check the website!
fannyver 9 months ago
there are more rare earths in the devices in europe than in all mines on the planet taken together. it just needs another view. why digging out stuff which is already there? start to recycle instead of digging. In europe we're throwing away 40,000 tons of this precious material every year. Typical capitalist system. Insane and absurd.
MillyVanillification 1 year ago
yea that sucks... but you know what else sucks... how the diamond companies stock pile 90% of the diamonds they find and just hold them in storage to jack up the price of the diamond... these are all known. and is just a further reason why money/diamonds/and any other "expensive" item is ultimately worthless... governments put prices on things.. that shouldn't cost anything. money shouldn't be the main concern... Human life should
YouFakeTrick 1 year ago
@YouFakeTrick diamonds, gold, silver, they;re ultimately worthless to the average person, they're trinkets. Production capability is the real wealth.
AlternateArtisan 1 year ago
@AlternateArtisan but does their really need to be the influence of money? Why can't the main influence just be... because it's for the best for everyone? But i do understand where your coming from. Technically speaking we don't need money to influence us.. but they've made it to where if ya aint got money ya aint got much of anything... there can be furthering of a species without money. Do you know what I am saying?
YouFakeTrick 1 year ago
This has been flagged as spam show
architactless is right!America is the second large reserves country of rare earth metal but the Govt. never mine them, now she alliance with Japan and other western countries to coerce China sell them with low price as if that in the last century...is this your morality and justice ?wt are hypocrites=western alliance!
laputaboy2012 1 year ago
This has been flagged as spam show
China will be stupid if she keeps exporting Rare Earth. Rare Earth is available in many countries, it is rare only because of its concentration - you have to destroy a lot of land to extract a little Rare Earth. This is why so many countries have them, but don't mine them,preferring to buy from China where labor and environment laws are lax.This hurts China,& China is waking up to that. Japan has 50 years stockpile of Rare Earth, so US & other allies can ask Japan for their supplies.
architactless 1 year ago
Its just Demand and supply issue. China has the rights to keep its rare earth. Well if you can't pay for it you can't buy it.
jiapau 1 year ago 6
If demand outstrips supply, the likes of Lynas will boom in value
tranceaddictandy 1 year ago
china!!
Strong china has never took cared of other small or poor country but expended its power to conquer them. If I am a politician, I never let any import from china.
zvzvzvzo 1 year ago
@zvzvzvzo: Absolutely right. And don't open a company in China because those money-grubbing xenophobes will COPY and STEAL your patents and drive you out of business. That's precisely how they're getting rich: COPY - MASS PRODUCE WITH SLAVE LABOR - SELL TO POOR & DUMB CONSUMERS.
Armando2012102 1 year ago
@Armando2012102 What are slave labors? Fool.
ChiefAdministrator 1 year ago
This has been flagged as spam show
@zvzvzvzo That's why you will never become a politician
FyzikalKemizt 1 year ago
Right now, the rest of the world is absolutely dependent on China's exports of these metals. Without these Chinese exports, the western world would quickly run out of these precious resources. But in just a few years, the rapidly expanding Chinese economy will gobble up the entire domestic production of Chinese rare earth elements. So what will the rest of the world do at that point? . They will look to companies like LYNAS CORPORATION (LYC.AX) and ARAFURA RESOURCES (ARU.AX)
Tarmacdaddy1 1 year ago
@Tarmacdaddy1 agree - both stocks are doing really well and will continue to do well
tranceaddictandy 1 year ago
China holds 95%percent of the worlds supply, there is no way you could use up china's rare earths, china is regulating there rare earths industry and limiting there export quotas in order to push up prices!! Basket prices for rare earhs has more than doubled in the past year!!! Non chinese manufactuers are scrambling to find a steady and reliable source of these elements...The chinese want these for themselves so that they can be market leaders in green technology,cars,tv's,computers etc
Tarmacdaddy1 1 year ago
agreed that all open up their rare earth mine and then china open up too. just like US suspend their off shore oil drilling same tactic.
sushuh08 1 year ago
US sealed its own rare earth mines, as did Japan and Australia... so that they can use up China's first !!
AzerChristians 2 years ago 7
@AzerChristians ..by that time they probably transport them from another planet heheh
leemmee 1 year ago
@AzerChristians Actually... China went around the world, buying up the rights to rare earth minerals from less developed countries all over the planet. And now they are holding them tightly.
Gregman420 6 months ago