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Can China's Rare Earth Monopoly Be Broken

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This is the question, what are you going to do with all the uranium and thorium? generally for each kg of rare earths you extract you get 1/2KG of Uranium and 2KG of Thorium

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On 7/31/2019 at 11:30 AM, Sebastian Meana said:

This is the question, what are you going to do with all the uranium and thorium? generally for each kg of rare earths you extract you get 1/2KG of Uranium and 2KG of Thorium

You burn those in nuclear reactors.  Or just put it back where you found it; it's not harming anything. 

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The term rare earth is a bit of a misnomer, it's not rare at all, but it's not concentrated. The stuff is found lots of places, but you have to dig a lot dirt just to find a little. I used to go to Japan to a site that processed mostly refined ore to improve it to a grade China was incapable of achieving. China was incapable and the two companies in the world that had the recipe down were not inclined to share it. 

I recently tried to import some industrial bearings from Japan to China. Pretty basic stuff any decent machine bearing house could make. It took months to get a license. The Japanese are smarter about tech transfer we are. You essentially have to prove not a military application, and not a tech transfer, in order to import into China from Japan.

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