Antinuclear

Australian news, and some related international items

UK in secret talks with Australia and others, about mining rare earths

Telegraph 2nd May 2021, Fears China will “turn off the taps” on Britain’s green revolution
has forced ministers to enter secret talks with seven commonwealth
countries to mine their rare earths. Officials from the Department of
International Trade and the Foreign Office have had meetings with
representatives from Australia, Canada, Malawi and Tanzania in a bid to
persuade them to supply rare earths, as well as critical metals such as
lithium to the UK.

Rare earths are found in abundance across the world, but
are difficult to process and China controls around 90 per cent of the
market. The UK has no known deposits of rare earths, unlike other major
economies such as the US, Canada and Australia, which are also grappling
with the problem. Rare earths are used in a wide variety of technology,
from fighter jets, to MRI machines and loudspeakers, but also in the motors
of electric vehicles and in wind turbines, and the worldwide transition to
green infrastructure is expected to put pressure on global demand.

https://www.telegraph.co.uk/environment/2021/05/02/chinese-stranglehold-rare-earths-forces-uk-secret-talks-allies/

May 2, 2021 - Posted by | AUSTRALIA - NATIONAL, rare earths

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