“The energy transition has barely begun and the U.S. finds itself increasingly dependent on China for rare earths and other critical materials…
Today’s U.S. and Allied dependency upon the foreign production of these metals, mostly controlled by China, is reminiscent of the OPEC-imposed energy crisis of the 1970s…
Let’s face it: the Chinese-U.S./allied tensions over rare earths are not simply an economic war they reflect, more profoundly, a rift between two opposed governance models. This is why this report is highly necessary: not only does it help us face uncomfortable truths, but it also can act as a powerful wake-up call for the U.S. and the West to defend their own values.”
China Rare Earth Subsidies Structural Advantages
China Rare Earth Subsidies Structural Advantages
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