Updates to this story
China is seeking to enforce much tighter pollution standards for the mining of rare earth resources, which will further raise the cost to other countries and further increase China’s monopoly.
According to Xinhuanet Chinese authorities are considering the move with a government adviser proclaiming the standards aim to force producers to upgrade production techniques.
Industry insiders have also spoken out about how smaller competitors in the production market will be edged out in order to reduce production ,and therefore reduce the pollution that is produced in extraction of the metals.
“We heard the new standards will be strict, which will force uncompetitive miners out of the industry,” said Zhang Zhong, general manager of Inner Mongolia Baotou Steel Rare-earth (Group) Hi-tech Co.
Zhang also said that such new regulations will very likely increase the cost involved in rare earth production, consequently raising the price for exporters.
This will not be welcomed by other countries which are forced to rely on China’s near monopoly on the metals which are essential for many technology appliances, such as semiconductors.
Indeed, it was noted recently that Germany may consider legal action over any such restrictions by China, which holds 97 percent of rare earth metal reserves.
So countries exporting from China will not be happy to hear that in order to reduce the levels of pollutant, production will be heavily streamlined. One expert suggested that producers with an annual capacity of less than 8,000 tonnes will be shut down altogether.
China stopped issuing new licences to mine rare earth metals in 2006, and has since closed many mines, encouraging mergers and acquisitions instead.
It aims to cut the number of rare earth firms from 90 to 20 in the next five years. The city of Baotou, which has the country’s largest rare earth reserves, has gone from 150 to just 18 recently.
At the sixth China-EU Business Summit Chinese in October Premier Wen Jiabao said that China is seeking a sustainable way of extracting rare earth reserves, maintaining that regulations are important, though the country would not be closing the market to exporters.
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For starters, The Chinese do not own “97%” of the “Rare Earth” available, they have perhaps one third of what is available. As Tojo Inc. has shown, they have begun to look elsewhere and as such, are “forced” to stumped up the costs for mining them. Afterall, Tojo hasn’t shared a penny of their ill-gotten gains [that which is priced according to greed-fear and not fairness is ill-gotten] other than to see another round of non-Tojo Chosen Few-ism sinking the prices of their American property acquisitions - zero percent loans forevah !! The Chinese rare earth market was baited to utilise their own in-fighting skills to wittered down the Chinese market price of the stuff to the levels of “carrots and cabbages” - Chinese priced carrots and cabbages for those who are thusly-brained.
Heard anyone talking of price “control”/fixing or subsidised cheap Chinese Rare Earth? Not when they are the yellard less than human cheapo labour and “resources” who are welcomed to breath all the poisonous fumes that they are creating so long as we may have our cheap goodies. Where are the Mineral Rightists when you needed them or where are the Congressional Representative for Yellow Rights, eh? Not when it comes to the “My pouch is going to be bigger than yours soon” tussel. But guess what, the “Workers’ Rightists” are nowhere to be seen either perhaps because “rare earth” mining is only highly damaging to the yellow human body, iTiwt suicides being more newsworthy and especially “not when Tibet is still under your cruel control - there!!” Anybody ever mentioned about the Tibetan Black Magic Feudal System of undermining Tibetans which also handed the “Swastika” to Hitler to be forever verbolten by “The West”? Not when Tibetans do not mind being feudalised, of course not that the Chinese are there for charitable causes either, that question being one of history, boundary and politics. Without finally recognising that The Swastika belongs to nobody, let alone for banishing, “The “West” [ie those who are “Westernised”/”Christianised”] will not be able to overcome their lack of immunity to the destruction of their own Chastity, something which Jesus Christ, being “stationed” at the eyes, represents. The eyes are not for oggling at slimy string-garmented bodies, they are for Gravity/gravitas.
As the Obama bandwagon has shown, the Indian question of “Advanced Technology” is being slowly Chosen Few-ed through flogging ‘em some minor hardware in the manner of the Texan, “Advanced ‘nuff fer you, buoys?” whilst “Israelis” may have it all, including the lies, the cover ups, the blind eyes, the turning of nights into days and not to menshun the almighty Dollah, oka Chosen Few-ism at its best. Such is the blindness instilled within most Yankees that even the Confederates have turned from spitting venom to coughing blood at the inequity of it all, “Blacks” being off the menu for quite some time - but not the Yellahs, not jest yet, buoys. And now the Teutons are screamning blue murder too? You jest but as Tojo had shown some 60-odd years back, a war is always good option when you can’t have your way. War it is then - perhaps - especially not when Reality is enacting that which is reflected within all true humans, their true humanity. Right this very moment to account for all the stupidity and dumbness within humans excused as achievement and progress.
Same With ALL electrical Goods. Cord for instance should be made of steel, Not Copper. Although Iron is Ferrous, In Right mix, Precious metal could be vastly reduced in quantity used up.
Instead, mines process copper ore to make building siding or Planters. Yuk.
Waste Is Waste & that means greater cost & short useage. Maybe Graphene electrical cords.
vondrashek md