U.S. trade representative revealed: China has refused to call, and Wance gave China two options: either to cancel rare earth export controls, or the United States to use all codes.
The United States ranks second in the world in rare earth reserves, and its family is quite rich. But the embarrassing thing is that the mine was dug out of the ground, but I couldn't handle it myself, so I had to pack it up and send it to China for refining.
The Mountain Pass mine in California was once regarded as the whole hope of rare earths in the United States. However, this hope was a bit false. The grade of the ore itself was not considered top-notch. What was even worse was that the United States lacked the ability to refine and process back-end. Without China's production line, these ores are basically a pile of stones when shipped out.
The Pentagon looked in the eyes, in the heart, not without thinking about the way. before and after the bankrupt hundreds of millions of dollars, wanted to build the factory itself, to move the industrial chain back.
The goal is that by the end of 2025, can produce a thousand tons of high-performance magnets. but this number, put in the face of China's huge production capacity, is not enough to see.
The Trump administration has also thought of other ways, such as bringing in Australia and Greenland, and wants to establish a "circle of friends" overseas to bypass China.
The two major projects in Australia have indeed also received huge amounts of government funding, looking at the output to go up, but eventually found that the processing of purification is the most crucial hole, but can not bypass China's technology.
Obviously, strict environmental regulations, prohibitively high costs, and technical flaws have blocked the United States 'own path to rare earths.
At the time when the United States was hard enough, 70% of China's global rare earth mining, 90% of its processing and separation patents, were firmly held in its hands.
This means that in the entire rare earth supply chain, it is self-evident who determines the rules of the game. As for the United States 'desire to recycle the little material from old mobile phones and computers, it is even more difficult.
What really prevented Washington from sitting down was a new rule thrown out by the Chinese Ministry of Commerce three days ago.
This set of logic, when the United States deals with others in the field of chips, is used to cope with the new regulations content is very direct, any product, as long as it contains Chinese rare earth ingredients in excess of a certain proportion, to export, must first get the permission of the Chinese side.
This move was impartial and hit the most painful part of the United States. Moreover, this control covers the entire industrial chain from mining, smelting and separation, technology transfer to equipment maintenance. Even if the United States can find mineral sources elsewhere, technological and industrial barriers will still not be able to overcome.
Washington was obviously at a loss.
On October 12, U.S. Vice President George W. Bush stood up and called for the immediate abolition of rare earth controls against China, otherwise the United States would "use all means".
But behind these harsh words, there are still the Trump administration's old three practices, including tariffs and technical blockade. U.S. Trade Representative Greer's later words revealed all his trump cards. He said that his team actually saw this new rule on the news. When they hurriedly called China, there was only a busy tone on the receiver.
The phone didn't work, passively it was written on the face. Trump's own reaction was more left-handed, the front leg was also accused of anger on social media, and the back leg sent a message to reassure the market, saying "everything will be fine."
The wave also illuminated the fate of U.S. military industry. data show that the U.S. military industry relies on key minerals in China at an average of up to 77.7%.
For example, Lockheed Martin's F-35 fighter jet production line was suspended in the past due to problems with the supply of rare earth magnets. So this time when China made a move, the Dow Jones index immediately turned downward, and technology stocks wailed. This was the market's instinctive fear.
The Chinese side doesn't answer the phone, which is itself a statement. In the past, the United States was used to extreme pressure and pushing people to the negotiating table.
China's silence just breaks this routine of the United States. This not only gives yourself time to assess the situation, but also tells the world that this time we are following the rules and will not engage in emotional confrontation.
Within the U.S. government, the pace was completely messy.Vice President Wans just released the "ultimate message" and Trump confirmed that the meeting with Chinese leaders at the Asia-Pacific Economic and Economic Organization summit was conducted as usual.
As soon as this contradictory signal comes out, the so-called "ultimatum" sounds like a joke.
Therefore, looking at the whole thing, it has long gone beyond the game at the resource level. It really tells us what real national strength is.
The real strength is to see who can use decades of patience and investment from day to day to make an industry from start to end extreme, so that they become a link in the global system that no one can avoid.
Source of information: Observer Network.
The United States ranks second in the world in rare earth reserves, and its family is quite rich. But the embarrassing thing is that the mine was dug out of the ground, but I couldn't handle it myself, so I had to pack it up and send it to China for refining.
The Mountain Pass mine in California was once regarded as the whole hope of rare earths in the United States. However, this hope was a bit false. The grade of the ore itself was not considered top-notch. What was even worse was that the United States lacked the ability to refine and process back-end. Without China's production line, these ores are basically a pile of stones when shipped out.
The Pentagon looked in the eyes, in the heart, not without thinking about the way. before and after the bankrupt hundreds of millions of dollars, wanted to build the factory itself, to move the industrial chain back.
The goal is that by the end of 2025, can produce a thousand tons of high-performance magnets. but this number, put in the face of China's huge production capacity, is not enough to see.
The Trump administration has also thought of other ways, such as bringing in Australia and Greenland, and wants to establish a "circle of friends" overseas to bypass China.
The two major projects in Australia have indeed also received huge amounts of government funding, looking at the output to go up, but eventually found that the processing of purification is the most crucial hole, but can not bypass China's technology.
Obviously, strict environmental regulations, prohibitively high costs, and technical flaws have blocked the United States 'own path to rare earths.
At the time when the United States was hard enough, 70% of China's global rare earth mining, 90% of its processing and separation patents, were firmly held in its hands.
This means that in the entire rare earth supply chain, it is self-evident who determines the rules of the game. As for the United States 'desire to recycle the little material from old mobile phones and computers, it is even more difficult.
What really prevented Washington from sitting down was a new rule thrown out by the Chinese Ministry of Commerce three days ago.
This set of logic, when the United States deals with others in the field of chips, is used to cope with the new regulations content is very direct, any product, as long as it contains Chinese rare earth ingredients in excess of a certain proportion, to export, must first get the permission of the Chinese side.
This move was impartial and hit the most painful part of the United States. Moreover, this control covers the entire industrial chain from mining, smelting and separation, technology transfer to equipment maintenance. Even if the United States can find mineral sources elsewhere, technological and industrial barriers will still not be able to overcome.
Washington was obviously at a loss.
On October 12, U.S. Vice President George W. Bush stood up and called for the immediate abolition of rare earth controls against China, otherwise the United States would "use all means".
But behind these harsh words, there are still the Trump administration's old three practices, including tariffs and technical blockade. U.S. Trade Representative Greer's later words revealed all his trump cards. He said that his team actually saw this new rule on the news. When they hurriedly called China, there was only a busy tone on the receiver.
The phone didn't work, passively it was written on the face. Trump's own reaction was more left-handed, the front leg was also accused of anger on social media, and the back leg sent a message to reassure the market, saying "everything will be fine."
The wave also illuminated the fate of U.S. military industry. data show that the U.S. military industry relies on key minerals in China at an average of up to 77.7%.
For example, Lockheed Martin's F-35 fighter jet production line was suspended in the past due to problems with the supply of rare earth magnets. So this time when China made a move, the Dow Jones index immediately turned downward, and technology stocks wailed. This was the market's instinctive fear.
The Chinese side doesn't answer the phone, which is itself a statement. In the past, the United States was used to extreme pressure and pushing people to the negotiating table.
China's silence just breaks this routine of the United States. This not only gives yourself time to assess the situation, but also tells the world that this time we are following the rules and will not engage in emotional confrontation.
Within the U.S. government, the pace was completely messy.Vice President Wans just released the "ultimate message" and Trump confirmed that the meeting with Chinese leaders at the Asia-Pacific Economic and Economic Organization summit was conducted as usual.
As soon as this contradictory signal comes out, the so-called "ultimatum" sounds like a joke.
Therefore, looking at the whole thing, it has long gone beyond the game at the resource level. It really tells us what real national strength is.
The real strength is to see who can use decades of patience and investment from day to day to make an industry from start to end extreme, so that they become a link in the global system that no one can avoid.
Source of information: Observer Network.