Rare earth minerals are exotic materials used in the production of sophisticated batteries, such as those in cars we are planning.
Unfortunately, those minerals are available chiefly from Inner Mongolia Autonomous Region, part of China.
Rare earth export is strictly controlled by China, which makes rare earth politically and economically-sensitive for the U.S. The use of the minerals on a large scale puts us at an immediate disadvantage.
We have a deposit in California but the environmentalists are naturally preventing its development.
No comments:
Post a Comment