Foreign media reported today (November 8): "Bessen visits the newly built rare earth mineral processing plant in South Carolina: Ending China's 'stranglehold' on our supply chain. U.S. Treasury Secretary Bessen recently stated in an interview that the new rare earth mineral processing center in South Carolina will help reduce costs and break China's 'stranglehold' on the industry."
[Witty] Comment: Bessen is somewhat self-deceiving. The so-called new rare earth processing plant in South Carolina is currently just a partially completed factory, far from actual operation. More ironically, the United States still needs to import equipment for refining rare earths from China, and related refining equipment and technology are strictly controlled by China. Without these key elements, how can the U.S. "break the stranglehold"? It's just bluffing to boost its own morale. If the U.S. wants to be independent of China in the rare earth sector, it should first earnestly solve the problems of equipment and technology, and stop making unrealistic "daydreams".
Original: www.toutiao.com/article/1848178937833476/
Statement: This article represents the views of the author.