| From Guardian: China's near-monopoly on rare earth metals poses no threat to US security, a Pentagon report is likely to conclude. The year-long study, which will be published this week, may serve to allay concerns that China, which produces 97% of the world's 17 rare earths vital to defence and technology industries, could re-impose a near-complete – and unannounced – export freeze that Beijing initiated in July.
Last week, the EU, World Trade Organisation and US trade bodies called for urgent co-operation on the issue, arguing that current trade agreements regarding raw materials are inadequate...........................................Full Article: Source
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