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he United States, the European Union and Japan are filing a challenge with the World Trade Organization against China's export restrictions on minerals that are crucial for the production of many high-tech devices, President Barack Obama announced Tuesday.
In a statement to reporters at the White House, Obama said the case seeks to force China to lift export limits on certain minerals known as rare earths.
"Our competitors should be on notice: You will not get away with skirting the rules," he said in the White House Rose Garden.
Originally posted by Katharos62191
reply to post by Eidolon23
Forgive me for asking this, for I am new. What necessarily does 'rare earths' pertain to? What types of metals and things were they keeping from us for so long? I have noticed, when Obama wants something.. He's going to say it publicly. I feel as sometimes, I imagine these men are just a bunch of big babies, crying "Heyyy, thats ours give it back!" or things like "I want what you have, Give me!"
Too bad they do a little more damage than children. :/
Thanks for posting this! If anyone could get back to me on just what really 'rare earths' . I would be thaknkful!
Originally posted by Desolate Cancer
There are plenty of rare earth veins else where. China enacted the restrictions for two reasons they want to give an advantage ot their own industries, and two they dont want to be net importers in the future.
This is stupid, imho, should just put full focus on developing new mines and sources of rare earths.