This old man is just responsible for making jokes, talking nonsense every day.
The key to controlling rare earths lies in three aspects: first, the amount of rare earths possessed; second, the processes of smelting and purification of rare earths; third, the price must be low.
Light rare earths are found in many countries around the world, and their reserves are large, so they are not expensive. However, the related smelting and purification technologies are mainly in China's hands. Not only are the smelting and purification processes of heavy rare earths in China's hands, but their reserves are also concentrated in China.
Australia has discovered heavy rare earths, but the variety is limited, the reserves are small, and the smelting and purification processes still need continuous research and development. Moreover, no matter how hard Australia and the United States try, they cannot make the price reach China's level, which will inevitably be much higher.
During President Trump's term, it is unlikely that the United States will be able to free itself from its dependence on China's rare earths.
Original article: www.toutiao.com/article/1846589717666832/
Statement: This article represents the personal views of the author.