China is politicising export of rare earth minerals
Deccan HeraldAug 09, 2023
China Bans Export of Rare Earths Tech
The Facts
On Thursday, China introduced a ban on the export of key technologies used to process rare earth elements — a group of 17 metals that are used to manufacture the magnets that are found in many high-technology devices.
The ban — which Beijing said is an effort to protect national security — is the latest action China has taken against the export of various metals, with restrictions on gallium and germanium introduced this summer. It also implemented export permits on several graphite products earlier this month.
The Spin
Anti-China narrative
China is flexing its rare-earths muscle. The country has rarely shied away from leveraging its strengths toward its foreign policy or geostrategic goals. The communist nation dreams of dominating the global technosphere and It is now weaponizing rare earths to materialize that dream.
Pro-China narrative
There's no doubt that the rare-earths industry is an extremely polluting one. Over the years, China has borne the burden of meeting the world's demand for these important minerals — something the developed world is used to as it enjoys the fruits of the less developed world's dirty work. Rather than accusing Beijing of weaponizing rare earths, the West should acknowledge that this is its own making.
Nerd narrative
There's a 50% chance that China will have at least a 48.8% share of global rare earth production in 2030, according to the Metaculus forecasting community.