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Right, rare earths are in motors, not in batteries, as the quote you cited says. And indeed China controls large parts of the global market, as they flooded the
by _ph_ 8y ago
Right, rare earths are in motors, not in batteries, as the quote you cited says. And indeed China controls large parts of the global market, as they flooded the market with cheap rare earths, which caused mines in the west to shut down. They can be reopened as the market price for rare earths rises.