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Smart Bombs need Rare Earth too
Posted: 6 October 2010

China has become the world's leading supplier of components crucial to U.S. defense systems, products once supplied by American companies such as Magnequench Inc. and Molycorp Inc. Bloomberg's Kevin Thrash reports. This report also contains comments from Teri Luna, a former employee at Magnequench, and Stan Trout, an adjunct physics professor at Marian University and former Magnequench employee. (Source: Bloomberg)
http://www.bloomberg.com/video/63400346/

MindBullet logo US BANS HELIUM EXPORTS IN ELEMENT TRADE WAR
China's medical and consumer electronics manufacturers in turmoil
Dateline: 15 August 2015
In a widely expected, but controversial, move the US has banned all helium exports to China and its major trade partners, following China's banning of all rare earths exports. China, which still controls more than 75 percent of the world's rare earth reserves - despite recent discoveries of deposits in Australia, Canada and Mozambique - has demanded that companies set up high-end ...
 
 
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