• About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST
TFI Official Merchandise
हिन्दी
Tuesday, January 26, 2021
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Northeast, ULFA

    China and Pakistan are funding ULFA to create a Kashmir like situation in the Northeast

    Yogi Adityanath, Raza Academy, Muslim

    Has Yogi launched a counter academy to take on Raza Academy that exclusively trains Muslims for IAS exams?

    Nitish Kumar, Karpoori Thakur

    Nitish Kumar is planning to vacate the CM Chair, turns out he has already given a farewell speech

    Pakistan pilot United Nations

    No United Nations official will board any Pakistani plane because 30% of Pakistan’s pilots are fake

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Minimal investments in hospitality, tourism, and Auto sector but India’s FDI touches record high in just 2 quarters

    Minimal investments in hospitality, tourism, and Auto sector but India’s FDI touches record high in just 2 quarters

    Adani, Total, Reliance

    Adani leads India’s alternate energy revolution as Total SE makes a mammoth $2 Billion investment

    Bengaluru, IT Sector, tech

    Bengaluru leaves behind London and many other European cities to become the leading tech hub

    plan

    Is It Possible to Get Affordable Term Plan Quotes?

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    india indian army ladakh drones

    Amid standoff with China, India puts the Ladakh region under drone surveillance. More Made-In-India drones to follow

    drdo

    For 6 decades DRDO was not up to the mark. Today it is making one missile after another. What really changed

    ghatak drone

    GHATAK- How India’s stealth combat drone programme promises to make it a military superpower

    Turkey, US, Russia

    Turkey may be sanctioned by US for using F-16s as target practice for Russian S-400s

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    pakistani pilots pakistan imran khan

    Abandoned by Arabs and debt trapped by China, Imran Khan starts selling off parks in Pakistan to keep the country running

    Greece, Turkey, pakistan

    ‘We must counter the Turkey-Pakistan alliance,’ Greece urges India for military cooperation

    UK, India, G7

    Ahead of Biden presidency, UK invites India to G7 summit amid talks of expansion

    India, China, Al-Qaeda

    China stops India from heading Al-Qaeda sanctions committee that would have given it immense leverage over Pakistan

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    sister nivedita

    Sister Nivedita – The friend of all

    Tanishq

    A stupid Ad and a dumb explanation: What Tanishq lost in last 48 hours?

    Coco island, islands, Nehru

    Nehru’s massive strategic blunder – How Nehru gave Coco Islands to Burma that China later grabbed

    Turkey, Hagia Sophia

    Hagia Sophia is not the only one: Turkey has a shameful history of desecration

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Satire
    • Sports
    • technology
    • Travel
    whatsapp signal brian acton

    He was forced to sell WhatsApp to Facebook. Now, he has come back with Signal to dethrone WhatsApp

    fan

    Here’s Why Finding the Right Ceiling Fan is Important

    coolie no. 1

    This is not even about nepotism; Coolie No. 1 remake is plain horrible and a huge insult to Govinda

    ajinkya rahane

    Ajinkya Rahane – One of the best test captains India NEVER had

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
No Result
View All Result
TFIPOST
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    Northeast, ULFA

    China and Pakistan are funding ULFA to create a Kashmir like situation in the Northeast

    Yogi Adityanath, Raza Academy, Muslim

    Has Yogi launched a counter academy to take on Raza Academy that exclusively trains Muslims for IAS exams?

    Nitish Kumar, Karpoori Thakur

    Nitish Kumar is planning to vacate the CM Chair, turns out he has already given a farewell speech

    Pakistan pilot United Nations

    No United Nations official will board any Pakistani plane because 30% of Pakistan’s pilots are fake

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    Minimal investments in hospitality, tourism, and Auto sector but India’s FDI touches record high in just 2 quarters

    Minimal investments in hospitality, tourism, and Auto sector but India’s FDI touches record high in just 2 quarters

    Adani, Total, Reliance

    Adani leads India’s alternate energy revolution as Total SE makes a mammoth $2 Billion investment

    Bengaluru, IT Sector, tech

    Bengaluru leaves behind London and many other European cities to become the leading tech hub

    plan

    Is It Possible to Get Affordable Term Plan Quotes?

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    india indian army ladakh drones

    Amid standoff with China, India puts the Ladakh region under drone surveillance. More Made-In-India drones to follow

    drdo

    For 6 decades DRDO was not up to the mark. Today it is making one missile after another. What really changed

    ghatak drone

    GHATAK- How India’s stealth combat drone programme promises to make it a military superpower

    Turkey, US, Russia

    Turkey may be sanctioned by US for using F-16s as target practice for Russian S-400s

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    pakistani pilots pakistan imran khan

    Abandoned by Arabs and debt trapped by China, Imran Khan starts selling off parks in Pakistan to keep the country running

    Greece, Turkey, pakistan

    ‘We must counter the Turkey-Pakistan alliance,’ Greece urges India for military cooperation

    UK, India, G7

    Ahead of Biden presidency, UK invites India to G7 summit amid talks of expansion

    India, China, Al-Qaeda

    China stops India from heading Al-Qaeda sanctions committee that would have given it immense leverage over Pakistan

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • History
    • Indology
    sister nivedita

    Sister Nivedita – The friend of all

    Tanishq

    A stupid Ad and a dumb explanation: What Tanishq lost in last 48 hours?

    Coco island, islands, Nehru

    Nehru’s massive strategic blunder – How Nehru gave Coco Islands to Burma that China later grabbed

    Turkey, Hagia Sophia

    Hagia Sophia is not the only one: Turkey has a shameful history of desecration

    • Culture
    • History
    • Indology
  • Lounge
    • All
    • Books
    • Cinema
    • Food
    • Health
    • Satire
    • Sports
    • technology
    • Travel
    whatsapp signal brian acton

    He was forced to sell WhatsApp to Facebook. Now, he has come back with Signal to dethrone WhatsApp

    fan

    Here’s Why Finding the Right Ceiling Fan is Important

    coolie no. 1

    This is not even about nepotism; Coolie No. 1 remake is plain horrible and a huge insult to Govinda

    ajinkya rahane

    Ajinkya Rahane – One of the best test captains India NEVER had

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
No Result
View All Result
TFIPOST
No Result
View All Result
  Newswire
Those stormed Red Fort are terrorists: K’taka Agri Min 36 mins ago
380 new cases take Gujarat’s Covid tally to 2,59,867 45 mins ago
Farmers’ violence on R-Day a well-planned conspiracy: BJP (Exclusive) 48 mins ago
Silverwood happy with England’s rotation policy 51 mins ago
Andhra logs 172 more Covid cases, tally 8.87 lakh 51 mins ago
K’taka showcases Vijayanagara empire at R-Day parade in Delhi 54 mins ago
Next
Prev

After Japan, USA’s big rare earth push will snatch another monopoly from China

End of China's dominance

Akshay Narang
by Akshay Narang
3 October 2020
in Americas
0
us trump china rare earth metal materials
377
SHARES
455
VIEWS
Sharre via FacebookShare via Twitter

The Trump administration is demolishing whatever is left of Chinese dominance. Having already debilitated Chinese economy by waging a tariffs war and targeting premier Chinese tech companies, Trump is now looking to end China’s monopoly in rare earth metals. Presently, China accounts for 70 per cent of the global production in rare earth metals. The US itself imports 80 per cent of its rare earth minerals directly from China and a part of the remainder indirectly from China through third countries.

Now, the US President Donald Trump has signed an order declaring a national emergency in the American mining industry. The executive order is aimed at boosting the domestic production of rare earth metals critical for military technologies while cutting dependence on the paper dragon. Rare earth metals, a suit of 17 elements, is crucial in the manufacturing of several defence equipment including fighter jets, hypersonic missiles and radiation-hardened electronics.

Ultimately, the US push to cut dependence on China in the rare earth metals sector could spill over to the civilian sector as well. Rare earth metals are an extremely crucial component in the production of smartphones, semiconductors, satellites and electric vehicles (EVs).

President Trump has asked his Cabinet Secretaries to study the matter, with a view to consider grants for production equipment, as also tariffs, quotas or other import restrictions on China and other foreign adversaries.

The executive order also goes on to state that country’s “undue reliance on critical minerals, in processed or unprocessed form, from foreign adversaries constitutes an unusual and extraordinary threat, which has its source in substantial part outside the United States, to the national security, foreign policy, and economy of the United States.”

President Trump’s rare earth metals push makes a lot of sense for three reasons. Firstly, the Communist hardliners in China have been instigating Beijing to weaponize its monopoly by cutting the US off the rare earths supply. CCP mouthpiece Global Times even called Chinese monopoly in rare earths “an ace in Beijing’s hand”.

Secondly, Chinese monopoly in rare earths gives the paper dragon an undue advantage in futuristic sectors like electric vehicles (EVs) and hypersonic weapons, something that the White House should not tolerate. And thirdly, cutting Chinese monopoly in any sector harms China, which is, in itself, a major foreign policy goal for the present dispensation in Washington.

The fact that Trump is serious about his commitment to cut reliance on Chinese rare earth metals becomes clear from how the Executive Order states that the Energy Secretary shall clarify which projects supporting domestic supply chain in the rare earths sector are eligible for loan programs, set aside for clean energy. With this, Trump is looking to resolve the biggest hurdle in indigenising the mining of rare earth metals.

Gavin Wendt, a senior resource analyst at MineLife Pty. told Bloomberg, “The big problem for aspiring producers in the West has been the ability to source project funding and offtake agreements.” He added that if the West wants to substitute manufacturing, “governments might have to step up and help subsidize projects — something they’ve refused to do in the past.”

The US is now pushing the envelope in the rare earth minerals sector. Recently, a bipartisan legislation was introduced by American lawmakers in a bid to reduce dependence on China for rare earths. On the other hand, the European Union too has vowed to create a rare-earths alliance by the end of the year and thus, there couldn’t have been a better time for the US to push domestic manufacturing of rare earth minerals.

In fact, the Executive Order also seeks to “reduce the vulnerability of the United States to the disruption of critical mineral supply chains through cooperation and coordination with partners and allies, including the private sector.”

It makes a lot of sense for Washington to cut down on Chinese dependence in rare earths. It won’t be prudent for the US to rely upon Chinese rare earths when both the US and China are engaged in a historic rivalry and a bitter trade war. The US cannot afford to imperil itself in the key sector by relying upon an adversary like China. President Trump is therefore looking to shift supply chains in rare earths away from the Dragon, and brutally end the last monopoly that China continues to enjoy.

Share377TweetSend
Previous Post

Vietnam has been a victim of Chinese excesses in the past. Well! Not anymore

Next Post

Japan and Taiwan haven’t exactly been the best of friends, but China is bringing them closer

Akshay Narang

Akshay Narang

Patriot, Political Analyst, Amateur Historian

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Most Read
  • Latest
Xi Jinping, coronavirus, Shinzo Abe, china, Japan, coornavirus, COVID-19, Wuhan Virus

‘Pack up and get out of there,’ Japan to spend $2.2 billion to get Japanese companies to exit China

9 April 2020
ajay devgn karan johar

The man who bullied the Bully – How Ajay Devgn made Karan Johar’s monopoly a joke and forced him to apologize

22 June 2020
Huawei, China, Trump, USA, Xi Jinping

‘Our survival is at stake now,’ Chinese Telecom giant Huawei crumbles after US ban on Semiconductor exports

19 May 2020
T-Series Sonu Nigam Divya Khosla Kumar Bhushan Kumar

T-Series forced to take down Atif Aslam’s video, Divya Khosla trolled. T-Series has a bad day in office

25 June 2020
Northeast, ULFA

China and Pakistan are funding ULFA to create a Kashmir like situation in the Northeast

26 January 2021
pakistani pilots pakistan imran khan

Abandoned by Arabs and debt trapped by China, Imran Khan starts selling off parks in Pakistan to keep the country running

26 January 2021
Yogi Adityanath, Raza Academy, Muslim

Has Yogi launched a counter academy to take on Raza Academy that exclusively trains Muslims for IAS exams?

26 January 2021
Nitish Kumar, Karpoori Thakur

Nitish Kumar is planning to vacate the CM Chair, turns out he has already given a farewell speech

26 January 2021

Popular This Week

China, vaccines, India
Trending

China finally admits that it lost the vaccine war to India

by Yash Joshi
22 January 2021
Ravneet Singh Bittu, Congress
Trending

The Congress leader who promised a bloodbath in support of farmers gets beaten black and blue by farmers

by Sanbeer Singh Ranhotra
25 January 2021
Nusrat Jahan, TMC, Prashant Kishor
Trending

Prashant Kishor meticulously created the myth of Hindu Bride Nusrat Jahan, she destroyed it with just one tweet

by Yash Joshi
24 January 2021
PM Modi, Shah Faesal
Trending

Shah Faesal beats the most seasoned Bhakts in worshipping Prime Minister Modi

by Sanbeer Singh Ranhotra
23 January 2021
Tandav, social media, ali abbas zafar
Trending

As Tandav director issues a sorry excuse of an apology, its stars share memes on social media

by Abhinav Singh
20 January 2021

©2021 TFI Media Private Limited

  • Terms of use
  • Privacy Policy
  • Sitemap
No Result
View All Result
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
  • Newswire
TFI Official Merchandise
हिन्दी
  • About us
  • Columnists
  • Careers
  • Brand Partnerships
  • rightlog is now TFIPOST

©2021 TFI Media Private Limited