EU trying to end China rare earth dependence — Von der Leyen
https://www.dw.com/en/eu-trying-to-end-china-rare-earth-dependence-von-der-leyen/a-74496790
EU trying to end China rare earth dependence — Von der Leyen
https://www.dw.com/en/eu-trying-to-end-china-rare-earth-dependence-von-der-leyen/a-74496790
12 Kommentare
Canada would like to speak to you. We need to get away from the USA and strengthen our ties with the EU imo.
Canada has everything you need. Make the investment and we will block it with every regulation we can find.
European leaders know they have to become less dependent on Russia and China both. And it is very difficult to do since they were lulled into complacency for so many years. But it’s time for them to wake up and smell the coffee. It’s a new world and Europe is vulnerable.
If the EU overcomes their fear of escalation and helps Ukraine win more decisively, Ukraine will gladly supply it with the rare earth minerals trump wanted.
The most challenging part is rare earth is non-profitable. It is a small market about a billion dollar, but require huge investment. And the export control is not export ban, most companies can get it from China.
Russian gas, Chinese imports, American software and military equipment and Middle east oil.
Fighting everyone isn’t a winning strategy.
The question is, where will the EU dump the toxic byproducts, in one of the EU countries or in some underdeveloped country?
You can’t unless you want to do the dirty mining on EU soil which given how much the EU blood pressure goes up for putting glass in the wrong waste bin I doubt is on the table.
Is the EU planning on fixing the biggest, issue, refining capacity, with often quite polluting refineries as well? That is the real bottleneck of rare earths, not the mining but the refining.
Euro are so screwed. They have to learn to be less reliant on China, Russia and the US. Whew!
Recycling!!!!