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China bans export of rare earths processing tech over national security
(www.channelnewsasia.com)
this post was submitted on 22 Dec 2023
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No better way to boost diversion, and probably a net win for the planet considering how dirty and environmentally harmful the rare earth supply chain is today.
2nd best thing, since TSMC cut off ties with the PRC, considering they incentivized China to build their own shit...
If it were a ban on the rare earth minerals themselves, yes, but a ban on the extraction technologies just secures dependence on Chinese sources.
The reason China is a major exporter of these minerals has less to do with their availability in China and more to do with their lax environmental regulations, which allow extraction via means that are prohibited in many other countries.
So preventing their extraction in countries where stricter environmental standards are in place just means more environmental damage.