A recent article by Rahul Vaidyanath of Epoch Times highlighted U.S. enlistment of Canada’s help in a bid to wrest global control of rare earth elements (“REEs”) from China. According to the article, the elements, which technically aren’t rare, are necessary in the manufacture of critical components used in various applications including consumer electronics and fighter jets. China accounts for over 70% of the world’s production. “China has us by almost a noose… They’ve weaponized rare earths and it’s a really scary thing to think about,” the article reads, quoting David Wilcox, advisory board member of Central America Nickel, in a statement he recently made to NTD Television. According to the article, “The Canadian company has developed innovative extracting techniques for rare earths that could help break China’s hold, but it has never focused on the problem due to the low value of REEs and the threat of China driving down prices to put foreign competitors out of business. Other companies focus on recycling REEs from old devices.”
To view the full article, visit http://nnw.fm/11I7r
About The Epoch Times
The Epoch Times is the fastest-growing independent news media in America. It is nonpartisan and dedicated to truthful reporting. For more information, visit www.TheEpochTimes.com
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information please visit https://www.NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.