Japan months away from running out of yttrium as China cuts exports 98% (theoregongroup.com)

submitted 1 day ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[-] dessalines@lemmy.ml 35 points 1 day ago* (last edited 1 day ago)

These rare-earths embargos are going to cause so many shakeups of western-aligned governments, alienating their domestic capitalists from the pro-US ruling parties.

The US cannot transmute USD into rare-earth minerals, and these countries are going to have to come down from the clouds to reality, and either pick China over the US, or accept ruin of their economies.

[-] yogthos@lemmy.ml 15 points 1 day ago

Exactly, China controls the material base and the Americans can't money print their way out of this.

[-] sp3ctr4l@lemmy.dbzer0.com 5 points 1 day ago

The US can attempt an invasion of Canada, though.

[-] umbrella@lemmy.ml 6 points 1 day ago

they can also coup latin america for it's reserves.

[-] sp3ctr4l@lemmy.dbzer0.com 5 points 23 hours ago

True as well, but afaik, Canada has a considerably large amount of proven RE reserves, basically the most after China and Russia.

My numbers there might be slightly off, but I'd be thinking Central and South America would be primarily getting couped for oil or perhaps farm/pasture land.

[-] ShinkanTrain@lemmy.ml 3 points 15 hours ago

Doesn't Brazil have the most after China?

[-] sp3ctr4l@lemmy.dbzer0.com 2 points 14 hours ago* (last edited 14 hours ago)

https://rare-earth-mining.com/top-10-rare-earth-reserves-by-country/

If this is accurate, then yes, you are evidently correct, and I did not know that.

So thanks for spurring me to look into it!

If I'm understanding this right, Canada likely has more than Brazil overall, but Brazil's are proven, located, and extraction is more mature, whereas Canada's are still in the exploration phase, thus are not yet proven.