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Yes, 92% of Nd magnets are made in China. Large amounts of the REE used to make those magnets are imported. The implication that all that mining is just in Ch
by hwillis 3y ago
Yes, 92% of Nd magnets are made in China. Large amounts of the REE used to make those magnets are imported. The implication that all that mining is just in China is false, and cheap labor is the only reason it isn't all in the US. The US supplied almost ALL of the planets REEs until cheap labor outcompeted it.
https://www.energy.gov/sites/default/files/2022-02/Neodymium%20Magnets%20Supply%20Chain%20Report%20-%20Final.pdf https://www.energy.gov/sites/default/files/2022-02/Neodymium...
- Melting_Harps 3y ago> The US supplied almost ALL of the planets REEs until cheap labor outcompeted it. I fail to see how that is untrue then, if the labour arbitrage holds then nothing is being refined in the US and is then still solely taking place in China were Xi has made it a priority to remediate destroyed soil after decades of dumping waste as Cheaply as possible during its Industrialization, mainly for export make to the West.