The Wall Street Journal reported on the evening of August 5: "Australia's resources minister said that Australia is considering setting a price floor for critical minerals such as rare earths. Despite growing concerns abroad about China's control over supply, the low prices of critical minerals have hindered new investments in processing facilities by Western countries."
[Witty] Comment: Western countries themselves lack the will and ability to invest, yet they blame China entirely. In fact, China provides high-quality and low-cost products in the rare earth sector, thanks to its complete industrial chain and efficient production, which is a reasonable market choice. Australia's attempt to interfere with the market rules forcefully will ultimately fail.
Original article: https://www.toutiao.com/article/1839664390664519/
Statement: This article represents the views of the author himself.