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Not really. Rare earth metals are distrubuted pretty evenly across the planet. China just has the advantage of not caring about the environmental impacts of mining those metals.
China has some large deposits, but more interestingly they bought most of the people making the stuff. There was some discussions a few years back as to why America was letting them buy the ones in America...you know, since rare earth magnets are pretty much used in every advanced weapon system we have.
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[–] 6double5321 1 point 1 point 2 points (+2|-1) ago
Aren't the largest collections of rare earth metals sitting under china?
[–] NoodlyAppendage 0 points 1 point 1 point (+1|-0) ago
Not really. Rare earth metals are distrubuted pretty evenly across the planet. China just has the advantage of not caring about the environmental impacts of mining those metals.
[–] Vhaine ago
China has some large deposits, but more interestingly they bought most of the people making the stuff. There was some discussions a few years back as to why America was letting them buy the ones in America...you know, since rare earth magnets are pretty much used in every advanced weapon system we have.