The United States sources most of its rare earth imports from China, but that dependence has eased to 74% between 20, from 80% during 2014 to 2017. The country exported 20,987 metric tonnes in the first five months of 2023, down 4.4% year-on-year, Chinese customs data showed.Ĭhina exported 48,728 metric tonnes of rare earths in 2022, down 0.4% year-on-year. Processing: China is home to at least 85% of the world's capacity to process rare earth ores into material manufacturers can use, according to research firm Adamas Intelligence in 2019.Įxports: Chinese exports of rare earths have declined. Mining: China accounted for 70% of world mine production of rare earths in 2022, followed by the United States, Australia, Myanmar and Thailand, United States Geological Survey (USGS) data shows. HOW DOMINANT IS CHINA IN THE RARE EARTHS SUPPLY CHAIN? The 17 elements are: lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, lutetium, scandium, yttrium. Rare earths are a group of 17 elements used in products from lasers and military equipment to magnets found in electric vehicles, wind turbines, and consumer electronics such as iPhones. WHAT ARE RARE EARTHS AND HOW ARE THEY USED? Beijing said the curbs were based on environmental concerns.īelow are some facts about rare earths, about China's dominance of the sector, and what countries are doing to ease their dependence on China for the materials. In 2010, China restricted exports of rare earths to Japan following a territorial dispute, sending prices soaring and Japan scrambling to find alternative sources. curbs on sales of technologies to China, raised concerns that China might eventually limit exports of other materials, notably rare earths, whose production China dominates. The decision, widely seen as retaliation for U.S. The Eunyul Talchum and Bukcheong Saja Noreums, both recognized as National Intangible Cultural Properties of Korea, are rooted in a folk belief that lions have the power to turn away evil spirits and bring peace.July 5 (Reuters) - China said on Monday it will impose export restrictions on gallium and germanium products used in computer chips and other components to protect national security interests. Lunar New Year is also sometimes celebrated with talchum (Korea traditional mask dances), as depicted in today's Doodle artwork. The lunar new year is warmly welcomed with traditional foods such as tteokguk (rice cake soup), yakbap (sweet rice), japchae (glass noodle stir fry), and jeon (savory pancake). In Korean culture, the ox-symbolizing hard work, positivity, and fertile harvest-holds special significance as one of the animals that appears most frequently throughout the nation’s traditional proverbs. This Lunar New Year marks the official transition out of the Year of the Rat–believed to be one of constant change–and into the Year of the Ox, which is traditionally associated with things moving at a more slow and steady pace. Today’s Doodle celebrates the first day of the first month of the lunar calendar-officially starting the Year of the Ox! Korean New Year, Seollal, marks a time to honor ancestors and look forward to prosperity in the year ahead.
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