tag:blogger.com,1999:blog-6414722382816633494.post2926245581065963054..comments2023-10-26T20:28:01.865+08:00Comments on Rightways Technologies: Half of rare earth exports went to JapanRightways Technologieshttp://www.blogger.com/profile/12675896663803464743noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-6414722382816633494.post-54653460020581721272010-11-17T14:25:34.543+08:002010-11-17T14:25:34.543+08:00China supplies 98% of rare earth earth to the worl...China supplies 98% of rare earth earth to the world market at a cheap price despite the facts that China has only 30% of rare earth deposits and would be depleted in 50 years. Japan has been unfairly benefited 50% of the 98% China supplies to Japan, other half goes to US and Eu, etc. <br><br>However, USA, Australia and Vietnam, etc have the rest 70% rare earth deposits, but only supplying 2% to the market and keeping the 98 of deposits. Such a manipulation, how dismay they are!<br><br>US blamed Japan a currency manipulator before, succeeded forced Japan revaluation of yen. As a result, Japan become less competitive against US, Japan economy has not been doing well for a long time. <br><br>Now US has tried the same tactic to China who managed to fend off recently US attacks. <br><br>In USA terms, now both Japan and US are rare earth manipulators since Japan and US are stockpiling the rare earth as trade war weapons.<br><br>See article:<br>U.S. Sitting on Mother Lode of Rare Tech-Crucial Minerals:<br><br>http://rightways.wordpress.com/2010/03/09/u-s-sitting-on-mother-lode-of-rare-tech-crucial-minerals/<br><br>http://right-waystan.blogspot.com/2010/03/us-sitting-on-mother-lode-of-rare-tech.htmlrichardhttp://www.blogger.com/profile/16150938067127325366noreply@blogger.com