To Reduce Dependence On China & Help Our Allies, Canada Needs To Aggressively Mine Our Rare Earth Minerals

DM

Much of the world, including our military allies, have become dependent on China for rare earth minerals, which are key components of some advanced military platforms. One of the biggest strategic blunders committed in recent years happens to be something that is rarely talked about: Letting China gain dominance over Rare Earth Minerals. This refers to the following elements that are found in low concentrations in the earth: “lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium, lutetium, scandium, and yttrium.” The minerals are used in many products, including smart-phones, and China controls roughly 60% of the market, something that downplays China’s true advantage since Myanmar (basically a client-state of China) is third with 10%, and since much of the expertise and supply chain for the rare earth metals industry is in China. Additionally, China dominates the heavy rare earth minerals market, the minerals most highly valued.

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