Rare earths crunch? Why we need them and who has them | Business Beyond

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  • čas přidán 13. 06. 2024
  • You may not have heard of most rare earths, but the 17 metallic elements known as rare earths are essential to modern life. They’re in our smartphones, computers, TVs and just about every other electronic device. They also play a major part in plans to create a carbon-free future. However, extracting them can be highly environmentally destructive and there’s concern over China’s dominance of the market. In the latest edition of Business Beyond we look at the race to secure enough rare earths to power the present and create a greener future.
    CHAPTERS
    0:00 Introduction
    1:23 What are rare earths?
    3:17 Environmental impact
    5:24 China’s dominance
    6:32 International tensions
    12:53 Environmental standards
    15:33 The way forward
    18:07 Conclusion
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    #RareEarths #BusinessBeyond #China

Komentáře • 777

  • @user-rx7lm1lv2n
    @user-rx7lm1lv2n Před 2 lety +373

    I was involved in a job from the Government of Japan, but I think there are few rare earth deposits that are superior to the adsorption deposits in China. It has a high concentration and is only adsorbed, so it can be easily extracted with acid. A promising by-product is the rare earths contained in the niobium deposits in Brazil. However, the drawback is that the target Nd, Dy, Sm, etc. cannot be separated and extracted unless La and Ce are separated. I think we need to focus on recycling rare earths. (by Google transulation) From Japan, Y. Kawata

    • @JA-pn4ji
      @JA-pn4ji Před 2 lety +53

      Google's done a great job in translating your comment because it is not only understandable but also in good English.

    • @GEOsustainable
      @GEOsustainable Před 2 lety +9

      How do you make money recycling? If it could be a profit, there would be more. We are simply talking about the things that will cause our extinction. No one recycles, not even YOU.

    • @eveleung8855
      @eveleung8855 Před 2 lety +24

      According to my understanding, the so call rare Earth actually isn't all that rare, they are very abundant around the world, however, to mime them required not only special technology, as well as the mine will produce large environmental destruction or terrible pollution, many countries dose not want the mining process to carry out in their own country, like the US for example, they are sitting on a very large deposits of rare Earth, but can the US afford to sacrifice their environment for the mining process?
      Then the next step is the refinery process, the process also extremely polluting, many countries also dose not want the refinery process within their own country, only China willing to do it , and they did it for so many years, they have the most experience in this area, and holds the most technology patent for all sorts of rare mineral refinery, Japan also has some, but not as much as China. Any other country wish to develop the refinery process, it will require 10 - 15 years infrastructures and technology development, Donald Trump was planning to develop it, but the time and money investment was the biggest obstacle, it never happen.

    • @nickoletarvanites4119
      @nickoletarvanites4119 Před 2 lety +6

      Domo aregato for sharing your story 🌺

    • @adoatero5129
      @adoatero5129 Před 2 lety +12

      @@eveleung8855 That's all true, but you practically repeated what was said on the video.

  • @rustyyb8450
    @rustyyb8450 Před 2 lety +20

    Almost anyone can mine them. It's just messy refining them. China has taken on that messy refining and done it for a low price squelching the competition.

  • @mal_ed
    @mal_ed Před 2 lety +61

    'They're not actually rare.'
    Lanthanum and cerium are the only ones that are abudant but the more important ones like gadolinium and neodymium are rare AF

    • @jadetycoonjadeite4034
      @jadetycoonjadeite4034 Před 2 lety +2

      Who are not even rare somalia got it all

    • @sdprz7893
      @sdprz7893 Před 2 lety +6

      @@jadetycoonjadeite4034 Somalia doesn't have the infrastructure necessary to make it a viable place to invest

    • @jadetycoonjadeite4034
      @jadetycoonjadeite4034 Před 2 lety +2

      @@sdprz7893 it's not what you think don't trust media it's perfect to invest and place to open minerals opportunity

    • @sdprz7893
      @sdprz7893 Před 2 lety +9

      @@jadetycoonjadeite4034 lol i'm somali myself and no its not

    • @cam5816
      @cam5816 Před rokem

      @@sdprz7893 Lmfao 😂

  • @paulrickenbaker
    @paulrickenbaker Před rokem +11

    In the US we can find this in Wyoming, Nevada, Utah, South Dakota, etc. The hard part of "rare earth" materials is the processing. It's water and chemicals.

  • @kinngrimm
    @kinngrimm Před 2 lety +67

    What i will never get (behind) is how we often seem to grab what we can lay our hands on, but then don't give a second thought onto what we leave behind.
    No matter if you are a company gathering ressources or a company making products from those ressources. You have to responsibly take care of your waste.
    If you don't you shall be shut down and sold for your parts.

    • @kukulroukul4698
      @kukulroukul4698 Před 2 lety +2

      oh , give me a F break please :)))) Chinese hunted rinocerous to the extinction

    • @vilas69
      @vilas69 Před 2 lety +4

      Pollution, waste and environment destruction are externalities in this amazing economic system we call capitalism...

    • @elonever.2.071
      @elonever.2.071 Před 2 lety +4

      @@vilas69
      It isnt just capitalism. China right now is the worst at environmental destruction and pollution and they are not capitalistic. It is a symptom of corporate greed...profits at any cost.

    • @vilas69
      @vilas69 Před 2 lety +4

      @@elonever.2.071 can't take you seriously if you say something like "China is not capitalist"...

    • @elonever.2.071
      @elonever.2.071 Před 2 lety +2

      @@vilas69
      The CCP owns everything in China. How is that capitalist.

  • @lerwenliu9263
    @lerwenliu9263 Před 2 lety +4

    excellent educational content and analysis

  • @wilsonjudson1650
    @wilsonjudson1650 Před 2 lety +254

    The market crash prediction has been going for months now, imagine if you've invested heavily then. The truth is no one actually knows if the crash is gonna happen. some said it will happen immediately after the election, hello we're done with the election now. You just have to invest smartly . I'm glad it worked for me with the help of an investment advisor, I recently added my $35k profits to my portfolio.

    • @jamesmaduabuchi6100
      @jamesmaduabuchi6100 Před 2 lety

      Speculation is always bad when it looks easy just like the crash.

    • @jessicamamikina7648
      @jessicamamikina7648 Před 2 lety

      I heavily missed out on going into the market during the lockdown.

    • @wilsonjudson1650
      @wilsonjudson1650 Před 2 lety +1

      The real secret of building wealth is by having multiple streams of income. That includes both online and offline investments.

    • @dorissteve912
      @dorissteve912 Před 2 lety

      I'm new to the stock market, learned so much already online and obsessing atm, i need monitoring and guidance as i'm desperate to get into investing now, please can you share more info about your investment advisor?

    • @wilsonjudson1650
      @wilsonjudson1650 Před 2 lety

      i trade with TERESA JENSEN WHITE

  • @alexinness
    @alexinness Před rokem

    Thank you, I enjoyed watching this piece.

  • @ashleylittle6776
    @ashleylittle6776 Před 2 lety +99

    Fact is rare earth minerals got thier name because they were originally called rarely mined earth minerals. They are not remotely rare. What is rare is the number of economic mines around the would that mine these minerals!

    • @katejudson8907
      @katejudson8907 Před 2 lety +2

      Thank you. Good point.

    • @silverbird425
      @silverbird425 Před 2 lety +9

      The problem is the amount of rare earth per square foot - unless something else is mined along with it you make a big hole for a very small amount of material. Economic isn't the only problem - a mine for rare earths is very wasteful, and messy if you don't bother to follow good protocol.

    • @marczhu7473
      @marczhu7473 Před 2 lety +1

      And latest rare earth refining patent + industry is in China hand.😂

    • @philj9681
      @philj9681 Před rokem +7

      There are three things people overlook when talking about rare earth elements. 1. In general, yes, the rare earth elements are not really rare. However, the heavy rare earth elements are rare and as far as we know, most of them are located in China, more specifically, the Jiangxi Province. This is probably a god-blessed gift for China. 2. China is the patent monopoly in this industry. It holds way more patents than the rest of the world, which creates a huge barrier for others to enter the game. 3. China's real tech advantage is in processing those minerals. China is the largest rare element exporter, but a big portion of the export actually comes from processing imported raw minerals.

    • @DK-001
      @DK-001 Před rokem +1

      @@silverbird425 Ya gotta do what ya gotta do!
      Can't let China dominate the industry!

  • @sararichardson737
    @sararichardson737 Před rokem

    Thank you DW.

  • @epincion
    @epincion Před 9 měsíci

    Excellent review

  • @kuncahyomoenasir7816
    @kuncahyomoenasir7816 Před 2 lety +18

    Indonesia is the biggest deposit of Nickel and Cobalt in the world in the form of laterit, but most refinerIes belong to China (investor from China), to not dependent of China in this comodity, I think Eropean or American companies should come to indonesia to build refineries.

    • @eveleung8855
      @eveleung8855 Před 2 lety +6

      The American or the European don't have the technology for it, also the refinery is extremely environmental polluting, the mining process already brings terrible pollution to your country, if you also have the refinery, I cannot image what your country going to be.

    • @Li_Yifei
      @Li_Yifei Před 2 lety +3

      Congo has the biggest deposit of cobalt

    • @Li_Yifei
      @Li_Yifei Před 2 lety +3

      Its good to be proud but lying is bad.

    • @jaybee4577
      @jaybee4577 Před 2 lety +1

      Congo have the largest mineral deposits in the world especially cobalt.

    • @criessmiles3620
      @criessmiles3620 Před 2 lety

      Thank you for pointing out his rubbish
      🦅

  • @stevendefehr4393
    @stevendefehr4393 Před 2 lety +17

    A very well done video to help open peoples eyes !
    I live in western Canada. We have a very good speaker on this subject. His name is Michael Campbell . He does a podcast style talk every Saturday. His show is called Michael Campbell's Money Talks . He explains how governments around the world have no honest plan on how we can ever get to renewable energy.
    Lotsa fun … lots to talk about… always looking for ways to profit from this as well 😀

    • @PG-3462
      @PG-3462 Před rokem

      Actually there are plans, but governments can't solve all problems by magic 🤦‍♂️ Everyone need to do their, for example by reducing their energy consumption.

  • @skmplanet9591
    @skmplanet9591 Před rokem

    Valuable information

  • @Miamcoline
    @Miamcoline Před 2 lety +3

    Incredibly interesting. Really important report and thank you for this. Really really good.

  • @davidtindell950
    @davidtindell950 Před rokem +3

    Thank you ! "Welle" DONE !!

  • @John-ci8yk
    @John-ci8yk Před rokem

    Thank you and thumbs up.

  • @Promotall
    @Promotall Před rokem +1

    not listened to this, but at a guess it is probably another disco documentary

  • @clashking9710
    @clashking9710 Před 2 lety +20

    recycling isnt cost effective at all at the moment. For everyone who is interested in this rare earth topic I really recommend the book "THE RARE METALS WAR" from Guillaume Pitron

    • @dehsa38
      @dehsa38 Před 2 lety +2

      There could come a time when cost effective is beside the point, if you're going to continue with the industry.

  • @rareearthsinvestor9802
    @rareearthsinvestor9802 Před 2 lety +13

    Recycling will account for more and more RE feedstock as we start to drown in end-of-life EV motors/magnets and wind turbines, etc. Further, we will see alternative extraction methods, presently basic research, arrive. However, none of this will arrive in time to negate the need now for traditional mining and processing of critical metals, if we are to diversify supply chains, move towards claimed Climate Change goals and allow for global competition within the new energy economy, which is arriving now.

    • @richardivonen3564
      @richardivonen3564 Před 2 lety +1

      One of the human races inherent qualities is our ability to make solving problems more difficult than it ought to be because of our laziness and greed.
      Willful ignorance also comes into play.

  • @jondoe7936
    @jondoe7936 Před 2 lety +7

    The thing that can change all this is have phones with multiple choice OS and update the same phones n laptops we have instead of buying 10 phones tablets and laptops a year THE END .

    • @VivalaryMan
      @VivalaryMan Před 2 lety

      You got a license for that common sense?

    • @akon360
      @akon360 Před 2 lety

      ………but but what about endless growth?

  • @KJSvitko
    @KJSvitko Před 2 lety +9

    Relying on China or Russia for your supply chain is risky.
    Diversify, diversify, diversify suppliers.

    • @isabelzhang6194
      @isabelzhang6194 Před 2 lety +7

      Or you can be friends with them and holding some technologhy or resources they dont have. There are always alternative ways to think about /deal with things. Its called economic globalization. 😂

    • @KJSvitko
      @KJSvitko Před 2 lety

      @@isabelzhang6194 Both are great at stealing intellectual property, spreading disinformation to weaken their opponents and hacking the internet. There is no free speech, rule of law, property rights or freedom of movement.

    • @lunthang7453
      @lunthang7453 Před 2 lety

      If you rely to much from US, you will get sanction

    • @thomaszhang3101
      @thomaszhang3101 Před 2 lety +4

      Go diversity rare earth metal supply, I dare you 😂
      What are you going to do? Snap rare earth mines out of thin air?

    • @k.k.c8670
      @k.k.c8670 Před 2 lety +6

      Relying on the US as a friend or foe for ANYTHING is often fatal.

  • @jesse49046
    @jesse49046 Před rokem +4

    I went to college for environmental science and found a large deposit of monazite, Hematite, Magnetite, and pyrites on my families properties. I want to try and help figure out how to remove the minerals safely. I figured out how to remove the metals.

  • @alexlo7708
    @alexlo7708 Před 2 lety +26

    China exported rare earth to German since pre WWII. That's why German helped China built up new soldier system then. At the time UK &US Anglo empire had embargo German any logistics materials including rare earth.
    US has abundant of rare earth but they lack huge water resource in extracting them. Also US is always printing dollars. That is why it is not interested in producing its own like when its dollar was not international trade currency.

    • @Joker-no1uh
      @Joker-no1uh Před rokem

      Have you not heard of the great lakes?

    • @alexlo7708
      @alexlo7708 Před rokem +1

      @@Joker-no1uh American rare earth abundant are accumulated in western coast states, They lack of water.

  • @tomkelly8827
    @tomkelly8827 Před rokem +17

    I think that this discussion needs to include the right to repair. Apple is the worst for that. They do not allow you to repair your I phone, no wonder they had so much rare earths on hand! The best rare earth you can find is the one that is already making your phone, computer, etc work. We need to repair more and throw out less

    • @ganaspin
      @ganaspin Před rokem +1

      Exactly! Have you ever thought about why America so much stimulates this throw-out-and-buy-a-new-one culture? One main reason is: buy stimulating consumers to buy a new one instead of repairing the one they currently have, you artificially create market demand for new products and that implies in a stronger economy overall, since all the actors in the supply chain will be required again. I'm not defending this model, it's the opposite, I'm very critic of it. The average american consumes way more than the global average. That's in part what makes their economy strong and competitive, but it leaves such a ecological burden that it's not even close to sustainable. If we are serious about letting people from all nations thrive and have a proper lifestyle, with access to basic needs like water and electricity, then the US needs to give up on this exorbitant and reckless lifestyle.

  • @davieslungu4577
    @davieslungu4577 Před rokem +10

    My country Zambia has rare earth's deposits. What the country needs is to mine and process them, but also for the country to use these rare earth's into components or invite companies to set up factories to make the components so that Zambia can become an exporter of the components instead of being an exporter of the rare earths.

    • @bensondube
      @bensondube Před rokem

      Hi Davies, I am interested to know whereabouts are the rare earths in Zambia? Who are the key players if they are already being extracted?

    • @noahway13
      @noahway13 Před rokem

      Yes, don't destroy your environment like China did. The amount of contamination and pollution is outrageous and partially hidden and is going to cripple China for decades. Look it up if you are interested. Crazy stuff. Good thing the US has the EPA and the one political party has not been able to eliminate it.

    • @spaghettigod43
      @spaghettigod43 Před rokem +1

      @@bensondube You don't have the labor force or the security needed for these factories and industrial plants. It's not as simple as opening up a factory. Infrastructure has to be built. You needed a educated labor force. You need political and economical stability. Etc etc.

    • @nickl5658
      @nickl5658 Před rokem

      My country had one of the largest rare earth refineries in Asia in the 1980s and we the people have regretted it for next 40 years. The town the refinery was located became a hot spot for cancer and birth defects. And yes... despite large public protest, we against host the largest rare earth refinery outside china... and will regret it for the next 50 years to come. Number of people in the refinery is 300.
      REE deposits are not rare. What is rare is nations willing to host a refinery. The ore will happily come by bulk ore ship.

    • @wawaweewa9159
      @wawaweewa9159 Před rokem

      True, the amount miners make is abysmal. Government needs to increase prices to pat higher wages. But too much corruption I guess

  • @nathanielgreen1270
    @nathanielgreen1270 Před 2 lety

    Yes thanks

  • @Hallettjs7957
    @Hallettjs7957 Před rokem +2

    Little known fact: Two US led geological surveys were conducted shortly before the US invaded Afghanistan. They found one of the largest deposits in the world of Lithium. These is also the same deposits China seeks to mine under contracts made after the US left last year in 2021. So was the length of the war deliberate?

    • @wawaweewa9159
      @wawaweewa9159 Před rokem

      Duh, but the dumbos thought it be good to have the worlds most corrupt government doing their bidding lol

    • @wawaweewa9159
      @wawaweewa9159 Před rokem

      Nkw they lost that to likley China

  • @user-wv3zc6br6s
    @user-wv3zc6br6s Před 2 lety +3

    They were a good band. Get Ready was a a smash hit.🇺🇸😅

    • @fleur7891
      @fleur7891 Před 2 lety

      Makes better sense than 'climate change'🙄😉

  • @miltonbates6425
    @miltonbates6425 Před 2 lety +10

    We need to have a regulated taxation system built on a fast, efficient, immutable, DLT like Hedera Hashgraph to ensure that rare earth suppliers are meeting their environmental obligations.

    • @rodtukker1904
      @rodtukker1904 Před 2 lety

      What is the use while the military burns more than ever? NATO fleet emissions are almost as huge as Germany even during peacetime and no one cares.

    • @davidsoulsby1102
      @davidsoulsby1102 Před 2 lety

      Tax Tax Tax.......🤦‍♂️

    • @eveleung8855
      @eveleung8855 Před 2 lety

      Should you do that your technology development will be slow like a turtles, our world is powered by fossil fuel, but our electrianic device and machine cannot functional without rare Earth, from airplane to setilliets, from military missile system to our smartphone, rare Earth is need it almost everywhere! The biggest country that exporting refined rare Earth is China, next is Japan, there is no such thing you can set a regulation how to control the pollution during process, good luck with your regulation, when you have huge out of stock high tech parts due to your silly regulation, don't cry when your dryer cost you like 100 times more, but then of course you can always hang your clothes to dry and hand washing your clothes 😂

    • @GEOsustainable
      @GEOsustainable Před 2 lety

      Sounds good. Are you working on doing that?

    • @davidsoulsby1102
      @davidsoulsby1102 Před 2 lety

      @@eveleung8855 And you wonder why people don't trust you when you make comments like this.

  • @j.dunlop8295
    @j.dunlop8295 Před 2 lety +6

    Cheaper to recycle than extract, some are saying, chemistry!

  • @paniaparata6334
    @paniaparata6334 Před 2 lety

    It all makes sense now.

  • @hemingwayrohan
    @hemingwayrohan Před rokem +2

    I can’t understand why Europe doesn’t recycle more of the rare earths in materials already used and are currently redundant! Most households have phones, computers and alike that can be recycled. Unfortunately, the consumer has little incentive to recycle because of the low return in putting them forward for recycling!

    • @PG-3462
      @PG-3462 Před rokem

      Europe doesn't recycle as much as it should because consumers prefer quantity over quality. If you want to produce more, then you need to reduce the quality of the raw materials and production processes

    • @hemingwayrohan
      @hemingwayrohan Před rokem

      @@PG-3462 Thank you for the reply! A point I had not recognised before!

  • @cinemaipswich4636
    @cinemaipswich4636 Před 2 lety +13

    Apart from Europe and North America, the only other stable place to get your rare earths (and every other resource) is Australia. They seem to have everything that the world needs.

    • @orangecookie3132
      @orangecookie3132 Před 2 lety +5

      You forgot about South America

    • @Vmb07
      @Vmb07 Před 2 lety +3

      Australia is the 4th largest producer of rare earths after China, US and Myanmar

    • @paulfri1569
      @paulfri1569 Před 2 lety +3

      Lots of people jealous of Australia. Must be annoying also that Australia is flattest nation on earth and making it cheaper to process. Just adds salt to wound..

    • @paulfri1569
      @paulfri1569 Před 2 lety

      @@orangecookie3132 too much jungle and too mountainous.. adds to costs..

    • @zhoubaidinh403
      @zhoubaidinh403 Před 2 lety

      @@paulfri1569 Stop exporting coal, iron ore, minerals and accelerating climate change...plant some gd trees!

  • @blackhole3298
    @blackhole3298 Před 2 lety +63

    I just want to tell people that the term rare earth is extremely misleading. Every chemistry major knows that.
    The term rare refers to the once hard time to extract them. They do not occur in nature in pure form like some metals, they occur as compounds, often together with other materials.
    These elements are not rare at all!!!!! Just were once hard to obtain and purify.
    Also there are alot of rare earths that are in europe. We actually mine some here in europe. So the title screen map was misleading too.

    • @GEOsustainable
      @GEOsustainable Před 2 lety +2

      Thanks for sharing your knowledge.

    • @savannahmiddlefield616
      @savannahmiddlefield616 Před 2 lety +7

      And make lots of poisonous by product too. That is why developed countries don’t do it and find developing countries to do it.
      Just like non-recycle plastic, developed countries recycle higher recyclable like aluminum, ship off the tons of non-recyclable plastic with little recyclable plastic to pay the developing countries to deal with (get poisoned).

    • @blackhole3298
      @blackhole3298 Před 2 lety

      @GN28
      Do not get me wrong, I still call em that, but the title is rare earth crunch.

    • @bolsa3136
      @bolsa3136 Před 2 lety +2

      They say just that at @3:00

    • @peanutnutter1
      @peanutnutter1 Před 2 lety +2

      Perhaps watch the video before commenting.

  • @CryptoRoast_0
    @CryptoRoast_0 Před 2 lety

    Johnny Harris did a great video on this a couple of days ago :)

  • @andersolsen1478
    @andersolsen1478 Před rokem +4

    The sea covers most of the Earth and the rare metals can also be found and mined in the sea. Look at the metals company, which is trying to start up sea mining of rare metals.

    • @alexlo7708
      @alexlo7708 Před rokem

      Rare earth are not dissoved in water. So it may deposit on undersea mud. And its harder to extract.

    • @andersolsen1478
      @andersolsen1478 Před rokem

      @@alexlo7708 yes it has to be mined from the sea bottom. The Metals Company are using Deep-sea drill vessels which are built for deep sea drilling after oil and gas. They have mud pumps and risers, which can carry the cuttings up to the vessel, where it can be collected and / or sorted before transported onshore.

    • @alexlo7708
      @alexlo7708 Před rokem

      @@andersolsen1478 So this process cost will skyrocket as same as those who try digging ice methane and pulling up from sea bottom.

  • @thenaturechannel_
    @thenaturechannel_ Před 5 měsíci

    where can we find pricing charts for these rare earth metals

  • @MagnetOnlyMotors
    @MagnetOnlyMotors Před rokem

    The world has to be careful and diligent .

  • @izdotcarter
    @izdotcarter Před 9 měsíci

    Appreciate the bullet points

  • @ursulawayne9384
    @ursulawayne9384 Před rokem

    Replacing the need for rare earth with non toxic technology would be a blessing for all Creation.

  • @markberryhill2715
    @markberryhill2715 Před rokem

    I love Stephanie Sy! She is a princess!

  • @simonlinser8286
    @simonlinser8286 Před rokem +2

    wouldn't it be ironic if we found out that the presence of these elements contribute to the fecundity of crops, and through their isolation we end up harming the productivity of agriculture? some people believe there are elements that contribute to health but we cannot measure their physiological impact because they occur in such minute quantities within the body that they are contained in the bones from the gestational period and only in cases of severe disease would they need to be replaced. that's right there's elements given from your mother's womb. some elements the roles of which we are not able to measure and quantify in human physiology as of yet. maybe they are not necessary but maybe they enhance or contribute to cognition or other survivable traits, if they create these seemingly magic effects within semi conductors who's to say they do not contribute towards our own processes. food for thought.

  • @bunzeebear2973
    @bunzeebear2973 Před 2 lety +3

    @ 3:14 it show the distribution of rare earth minerals around the world. China does not lead with amount of rare earth minerals(and this is what we have found to date.) Either we figure out how to mine in a less destructive way or we do without until a new compound can be made that is BETTER THAN the rare earth element. CHEMISTRY.

    • @nsevv
      @nsevv Před 2 lety

      Japan already using alternative to rare earth after China sanctioned Japan.

  • @phil20_20
    @phil20_20 Před 2 lety +15

    It's not that China was the only source. It was that they were subsidizing labor, and our politicians were more than willing to look the other way whilst their stocks grew in value.

    • @emanuelsommar7243
      @emanuelsommar7243 Před 2 lety

      So are all the woke who buy the stuff... It's worthless unless you have buyers. So who is really at fault here the woke or the rich feeding off the woke ?

    • @jamesnguyen7069
      @jamesnguyen7069 Před 2 lety +1

      the environment

    • @emanuelsommar7243
      @emanuelsommar7243 Před 2 lety

      @@jamesnguyen7069 WOW.. Inciteful reply... That grade two education is really paying off.

    • @rcbrascan
      @rcbrascan Před 2 lety +5

      In the West, tax incentives is subsidized labor. There is no such thing as tax incentives in China.

    • @AG-GA
      @AG-GA Před 2 lety

      !!! Be friend with China is the best way !!! WIN WIN
      Else pay fair price for environment protect fee + pollution recover fee from historic interest till now + human rights justice fee ... will then a fair deal.
      TO whom scrified the most to gain to own the most. UNIVERSE RULE OF LAW. Don't be naive or jealous.

  • @MsLS8
    @MsLS8 Před 2 lety +7

    The more I learn about “clean energy” the more I am inclined to think that it’s not CLEAN AT ALL

    • @elonever.2.071
      @elonever.2.071 Před 2 lety +1

      Geo thermal is the only clean energy now and even that takes ore to tap into the earth's lower mantle.

    • @LucarioBoricua
      @LucarioBoricua Před 2 lety +2

      Pollution comes in many forms, but even when considering the mining impacts of renewable energy systems, fossil fuel energy is still overall far more polluting between greenhouse gases, particulate matter, acid rain impacts, fire/explosion hazards, and derived petrochemicals (ex. microplastics and endocrine-disrupting plastics and their additives).

    • @johnsmith-cw3wo
      @johnsmith-cw3wo Před 2 lety +2

      @@LucarioBoricua forgot all the destruction because of Oil Wars....

  • @shiptj01
    @shiptj01 Před rokem +3

    I like how simplifying our lives and the economy isn't even an option.

  • @kenshultz2664
    @kenshultz2664 Před rokem +1

    When there is not enough rare earth elements, and not enough food or water, or oil, then it seems that there are to many humans on our fragile planet

  • @joeblack4436
    @joeblack4436 Před 2 lety

    There are the technologies we absolutely need, for a better future, and then there are the technology we only pursue for novelty. Some of the uses will not even be part of our future.
    Major uses of some REEs include colours for glass and ceramics. Alternatives exist, and much of it we can get by without. Catalytic converters in petrol automobiles go out with the internal combustion engine.
    The question is really around applications that are absolutely vital. And they are in the vast minority apart from, barring some advances, permanent magnets for various uses (although it has been proven that you can have a very efficient electric car motor without permanent magnets, they are convenient), advanced catalysts for many, many chemical purposes, and a host small scale, but extremely technologically advanced purposes such as medical scanners, advanced sensors, etc.
    I trust the market to adapt. And those who wish to make a buck too.
    The most important thing is awareness of potential challenges. To stave off geopolitical manipulation by acting in time where there are vulnerabilities.

  • @thenaturechannel_
    @thenaturechannel_ Před 5 měsíci

    what is the all in cost of extracting 1 pound of rare earth metal

  • @The_Savage_Wombat
    @The_Savage_Wombat Před rokem

    What are knock on effects?

  • @janschezant4747
    @janschezant4747 Před 2 lety +22

    The truth is, rare earth are pretty common all over earth. The fact is, some nations are way ahead of mining them than other nations. All advancement of technology especially mine products have always a footprints of devastations. The solution is to be a responsible miner. All gorvernment knows all of this, the problem is, most company/miners are always profit first which means less responsible ways of mining.

    • @Alex-pj8nz
      @Alex-pj8nz Před 2 lety +2

      Basically it’s like Iron, China can make stainless steel from iron ore while Europe can only make cast iron.

    • @jeffbenton6183
      @jeffbenton6183 Před rokem

      @@Alex-pj8nz What? Europe can't make steel? Please tell me more, I find that hard to believe
      EDIT: I think he means during the time of the Roman Empire. The Silk Road also traded a bunch of steel, because the Romans thought that steel came from higher carbon iron ore, not a process to add carbon to the iron during the forging process.

    • @Bk6346
      @Bk6346 Před rokem +1

      Rare earths are everywhere but mineable concentrations are indeed rare.

    • @pete10458
      @pete10458 Před rokem

      Thanks for summarizing the video’s content

  • @minhvu7256
    @minhvu7256 Před 11 měsíci

    So rare earth is like gold, gold is everywhere but to extract them is very hard and to find large amount of concentration is even harder to find. That's why it's rare. Correct me if I am wrong

  • @ASkippingRock
    @ASkippingRock Před 2 lety

    Around the 8:00 minute mark is one of the most accurate comments I have heard on globalism.

  • @ChannelNews1
    @ChannelNews1 Před rokem

    It's really a distinction without a difference. Even if they were infinite, the environmental impact from mining them would be catastrophic. Espcailly all that is required especially for the goofy forecasts of converting to electric cars.

  • @luiszarate6442
    @luiszarate6442 Před rokem

    It’s more than obvious that the world has changed a lot, commentators never saw before on TV documentarian speaking with all kind of accent.

  • @KJSvitko
    @KJSvitko Před 2 lety +3

    Everything needs to be recycled. No single use products should be made.
    All products should be made with the idea that the materials will eventually be recycled.

  • @medialcanthus9681
    @medialcanthus9681 Před 2 lety +4

    Where is it that China is always one step ahead? The others are "if we do" or "if only we had done" or "even if".

    • @Captain.Pugwash
      @Captain.Pugwash Před 2 lety +2

      Because they're inscrutable. They cannot be scruted.

  • @manimalworks7424
    @manimalworks7424 Před 2 lety +2

    You failed to mention that China graduates over 100 PhD students in rare earth processing, and in US as well as Germany? Nil.

  • @konyaku3072
    @konyaku3072 Před 2 lety +1

    Next round of empirialism would start in next 50 years for rare earth metal.

  • @dariuszlipinski7951
    @dariuszlipinski7951 Před 2 lety

    Wow sa my favorite type of wood is oak .

  • @Grumpyoldman037
    @Grumpyoldman037 Před rokem

    Now I am going to have nightmares.

  • @bhubestakesoponsatien1143
    @bhubestakesoponsatien1143 Před 6 měsíci

    Very good , search for alternatives for better Business Competion etc........and self sufficient later

  • @nenamart5272
    @nenamart5272 Před 2 lety

    Can you imagine the day they come across a comet full of rare minerals. Darn musk and bests will be all over this adventure.

  • @robertpalmer5240
    @robertpalmer5240 Před 2 lety

    This post has so few views considering its importance. It is very disappointing that so many people live in complete ignorance of the technology that is essential to their lives.

    • @richardivonen3564
      @richardivonen3564 Před 2 lety

      For some people; ignorance is bilss.
      How else could one explain the existence of entities such as the MAGA mob.

  • @epicmatter3512
    @epicmatter3512 Před 2 lety +16

    Rare Earth reserves are not equivalent to the amount of Rare Earth metals available to mine. Reserves are the amount of minerals economically viable to mine, but with new technology the U.S. could have the largest rare earth reserves by a large margin.

    • @marczhu7473
      @marczhu7473 Před rokem +2

      New one mainly patented by China 🇨🇳😂🤔

    • @coolproducer3074
      @coolproducer3074 Před rokem +1

      same technology can be used to find metals anywhere,so no,not yet

    • @timromayale3018
      @timromayale3018 Před rokem +1

      No way not possible

    • @NeostormXLMAX
      @NeostormXLMAX Před rokem +1

      @@marczhu7473 amerimutts will steal like they always do

    • @bruceli9094
      @bruceli9094 Před 11 měsíci +1

      @@marczhu7473 Australia has replaced China in many critical minerals. Vietnam soon too 😂

  • @navylaks2
    @navylaks2 Před rokem

    I love what is required to save the earth from one disaster will cause it's demise in another 🙃🙃

  • @Commandoj251
    @Commandoj251 Před 2 lety

    TMRC and US Rare Earth company in Texas baby! Woooo

  • @christryst
    @christryst Před 2 lety +12

    They're not that rare. The US and Australia have plenty for example, only political and strategic complacency has seen China corner the majority of the market.

    • @SmokeyStoner
      @SmokeyStoner Před 2 lety +5

      Do you have proof of what you are saying? Manybe a link to this information so we can all see.

    • @JA-pn4ji
      @JA-pn4ji Před 2 lety +6

      Not exactly true because concentrations in rare earth deposits differ across the world and the production process not only involves intellectual property but economies of scale which the Chinese have cornered.

    • @christryst
      @christryst Před 2 lety

      @@JA-pn4ji That's a good point, which is why government intervention to ensure a supply independent of the CCP regime would be prudent.

    • @christryst
      @christryst Před 2 lety

      China's gov classed REEs as strategic as early as the 70s. The US woke up under Trump in 2017 after producing none in the 00s.

    • @eveleung8855
      @eveleung8855 Před 2 lety +15

      LMAO, the refining process of the rare Earth is extremely polluting, many countries including the US or any European countries are not willing to sacrifice their environment for the refining process, China took the challenge, develop this refining process and technology over a long period of time, huge sacrifice and huge investment, today China holds the most technology patent of this process, not because China controls the market, but they are the biggest exporter of rare Earth, about 80-90%, Japan is the second largest exporter, no one stop anyone to invest in this rare Earth refinery process, it only takes huge amount of time for infrastructure and technology development, about 10-15 years, also require sacrifice of their country 's environment, if your country do not want to do it, stop blaming China for exporting most of the rare Earth, also no one force anyone to buy from China, buy from the Japanese if you want to!

  • @nathanielanderson4898

    We may come to a time when we are no longer able to get some technology because of shortages.

  • @reniexabbu7993
    @reniexabbu7993 Před rokem

    i am wondering what the impact is going to be because money is taking priority over responsibility the impact is totally unknown to most and its not easy to research and get answers to questions like how will the removal of these elements disrupt the planets magnetic feild, considering they are used to generate magnetic fields its a reasonable question

  • @Thomass7586
    @Thomass7586 Před rokem +1

    Let us all return to the 1970's. I would love it and stay there.

  • @Crow-gg5se
    @Crow-gg5se Před 2 měsíci

    It’s not that people need these rare earth minerals, it is that people desire these rare earth minerals. There is a fundamental difference in terms.
    Another word for desire is covet, and as Dr. Lecter told us, we covet what we see.
    There is a game being played between combatants, but the combatants are not who they appear to be.

  • @muhammadhikmalalfareza8224

    Welcome To May and Happy International Labor Day 2022 🇮🇩🇩🇪

  • @royj4359
    @royj4359 Před 2 lety +29

    The West: we won’t sell China any high tech they need.
    Also the West: how dare China limit rare earth supply to us !?

    • @peabase
      @peabase Před 2 lety

      Any high tech? Apart from an arms embargo (issued to discourage the CCP from killing its own people), it's Huawei and other entities with a connection to the Chinese military that are being banned from using certain high tech, and then only by the US. Try to stick to the facts, buddy.

    • @royj4359
      @royj4359 Před 2 lety

      @@peabase lol your joke made my day🤣
      The biggest invader, war criminal and genocide country in human history suddenly cares about the Chinese people? Do you know the US is behind countless terrorism attacks in China? Do you know CIA still couldn’t find any evidence of huawei’s connection with military, and it was the US gov who where found eavesdropping it allies(lapdogs)?
      Oh may be you don’t, because you never cared news you don’t like. Watch less Captain America and learn more about real world, boy.
      The truth is, whenever a Chinese industry has the potential to surpass it US counterpart, no matter it’s smart phone, 5G, cotton or solar panel, the US will fabricate some excuses to crack down that Chinese industry. The US simply cannot allow the Chinese people to live good lives as the Americans.

    • @peabase
      @peabase Před 2 lety

      @@royj4359 You're the joke here. You cannot hold a conversation like a civilised person.
      I did not take a position on whether the US high tech sanctions against China are justified or not. However, they are real. What I wrote is 100% fact.
      I'm not even American, so your puerile whataboutism is doubly misplaced.

    • @royj4359
      @royj4359 Před 2 lety

      @@peabase who said anything about your nationality, boy? You THOUGHT what you said is 100% true, and I was just telling you it’s not. It was you who cannot hold a conversation.
      Yes the US sanctions against China are real (and it forces all its lapdog countries to follow its sanction), but the reasons are joke. The truth is, whenever a Chinese industry has the potential to surpass it’s us counterpart (like 5G, cotton, solar panel or social media), the US gov will fabricate some excuses (information security, genocide, human right…) to sanction that Chinese industry. The US gov said itself that it cannot allow the Chinese people to live good quality of lives like the Americans.

    • @peabase
      @peabase Před 2 lety

      @@royj4359 You were lambasting the West, as if we're blocking _all_ high tech exports to China. I pointed out that apart from arms exports, it's only the US that's at it, and only selectively. Are you mentally challenged?
      What is it with you wumaos? You immediately break out in diatribes against the US no matter what the topic at hand happens to be. You have an unhealthy fixation with the US that clearly impairs your objectivity.

  • @darrinbrandon8792
    @darrinbrandon8792 Před rokem

    Ionic resources is planing on being both a Miner and a Recycler

  • @LECOMAYAGUA
    @LECOMAYAGUA Před 8 měsíci

    Privately owned North American Strategic Minerals ( NASM ) has a very promising geologic model NASM could discover a huge new supply of Rare Earths away from China.

  • @skepticalgenious
    @skepticalgenious Před 6 měsíci

    :47 that is a sick state of mind in my opinion. To want to harm others in any way. Versus working either symbiotic or commensalistic. Sure it a lesser path of harm. But it's still in the mentality you vs me or us.

  • @nathanielanderson4898
    @nathanielanderson4898 Před 2 lety +4

    The United States better get motivated. We can't rely on other nations to supply what we need for energy. We must be self sufficient for our energy needs.

    • @iqbalsohel9166
      @iqbalsohel9166 Před 2 lety +4

      yeah rather spending money for war...in the name of democracy.. i agree americans should work hard in real sense. just printing unlimited money wont work in long run. specially when money use as weapon ..

    • @richardivonen3564
      @richardivonen3564 Před 2 lety

      @@iqbalsohel9166
      If you fully understand the consequences of the war in Ukraine and say what you have stated in your post, then you are a shill in Putins employ.
      Nice try, but no cigar.

    • @jamesnguyen7069
      @jamesnguyen7069 Před 2 lety

      when we have humanoids as our labor my guy

  • @HOHLfmly
    @HOHLfmly Před 4 měsíci

    This “war” has been going on for months. Back in July 2023, China imposed restrictions on gallium and germanium. (Gallium is used to produce heat-resistant semiconductor wafers; germanium is used as a semiconductor.)
    In November 2023, China introduced restrictions on the export of graphite , a mineral widely used in electric vehicle batteries.

  • @ERROR-zq3gi
    @ERROR-zq3gi Před rokem

    Something that DW is mussing on purpose are the minerals you can find REEs.
    China could achieve it's dominance especially through the mineral bastnaesit, wich doesn't contain very much Thorium, but is quite rare for the rest of the world.
    Very common is Monazite, wich contains a lot of the radioactive Thorium and some Uranium.
    The Thoriumreactor as an interest for this waste material can have a big impact on the global energy production.
    From the same mineral economies can supply themself and others with low carbon nuclear power and key-elements for renewables and high-tech.

  • @mastrochristo
    @mastrochristo Před 2 lety

    Yes, in the near future rare earths will be more powerful than media..

  • @MachineThatCreates
    @MachineThatCreates Před rokem

    Australia has truck loads of all these minerals from nickel and lithium to the weird ones. The ironic thing is that we'll bring in foreign miners to source it. Probably Chinese.

  • @davidbo6339
    @davidbo6339 Před 2 lety

    RE harvested from off planet by Space Force, why gold is not zooming up in price too

  • @guru47pi
    @guru47pi Před rokem +4

    I really don't see this as a big issue long term. Yes, for the next few years it's literally the only thing that China has a strategic resource over. Long term, minor tariffs and more mine sites in the rest of the world will balance this. In 5-10 years, this will not matter.
    The situation with cobalt is far more concerning. If/when the DRC collapses, we're out the only global cobalt source.

  • @contradicsean
    @contradicsean Před rokem

    Maybe we should start coining and using a different term than “rare earth”

  • @noahway13
    @noahway13 Před rokem

    It is hard to believe that many countries, mainly the US vs China, are talking so aggressively and flexing military muscle when you see how dependent we are on each other. We have house of cards that anyone can destroy.

  • @guidosillaste4297
    @guidosillaste4297 Před rokem

    Has any1 told you that most rare earth minerals are difficult and enviormentaly damaging to mine in large quantity.
    Now were demanded to mine more of it at large quantity for some ill gotten profit.
    Some enviormentaly friendly goals these are. Oh and were supposed to do it whilt being hungry and sick yeah great future.

  • @sumfatt640
    @sumfatt640 Před 2 lety +2

    and always in such docs they forget the most important factor which is the demographic factor , the more reproduction the more needs for these elemtns which are already rare, and the more fights

  • @len2063
    @len2063 Před 2 lety +1

    Hightime for Europe to develop the Danish Greenland to get access to rare earth metals .

    • @alexlo7708
      @alexlo7708 Před rokem

      Will Danish accaept that environment tear down?

  • @bcm-n7244
    @bcm-n7244 Před 2 lety +1

    I have a question, that will not affect us or a few future generations, after the oil and the rare earths go away what happens to humanity then? ... i'm guessing in 100+ years from now ... will recycleble technologies be so good that you can get all of your material investment back ?

    • @wokeaf1337
      @wokeaf1337 Před 2 lety

      Rare earths dont go away, we will improve the recycling ability for those and oil and gas are finite, we have to move away from it as a source of energy and that yesterday since we are destroying our environment which is needed for our survival.
      We as a species have to survive with alternative energy resources until we get to a point were we master nuclear fusion which can be in 50 y or 100y or 1000y, that will solve mankinds energy issue once and for all.

    • @bcm-n7244
      @bcm-n7244 Před 2 lety

      @🖤 वेदम् 🖤 I agree you should watch the expanse or read the books if you haven't.

    • @eveleung8855
      @eveleung8855 Před 2 lety

      @@wokeaf1337 but the question is, who willing to sacrifice their environment to recycle the rare Earth? The US and Europe constantly sent their electronic waste to other 3rd world countries, why? Because they are extremely polluting, if your world do not even want the electronic waste to be place within your own country, how are you going to recycle your precious rare Earth?

    • @wokeaf1337
      @wokeaf1337 Před 2 lety +1

      @@eveleung8855 That is why i said we will have to improve the recycle ability, in Europe they already do not send any old mobile phones anywhere except for recycling purpose because of the rare earth parts.

    • @richardivonen3564
      @richardivonen3564 Před 2 lety

      @@wokeaf1337
      When critical resources run dry future generations will have to fight their wars using 18th century technology.

  • @anat9857
    @anat9857 Před 2 lety +2

    People rather dumping their old computers, smartphone ect. Why don't Business man re-use the old to make new.🤔

  • @user-nd9re8vr6l
    @user-nd9re8vr6l Před 2 lety +4

    We are completely dependent on what earth has to offer, I can’t imagine the world if we run out of precious metals and minerals 😬

    • @sambassil7825
      @sambassil7825 Před 2 lety +1

      It’ll never run out, it’ll simply change from 1 thing to another depending on what science discoveries are at the time.

    • @nooboftheyear7170
      @nooboftheyear7170 Před rokem

      Notes that asteroids might come in handy

  • @kinngrimm
    @kinngrimm Před 2 lety +2

    I wish all products and all their parts would primarily built under a recyclable perspective and
    would have to pay more in terms of taxes to the % of their products which are not designed that way.
    (well depending on nation companies and the rich paying taxes at all would be a start, but thats a different topic)

  • @georgeklauss1696
    @georgeklauss1696 Před 2 lety

    China also learning when you legislate market loss it’s not easily regained

  • @enfredlindstrom6763
    @enfredlindstrom6763 Před 2 lety +1

    canada has any thing that the world needs so spend your money here in canada .we have 90 of the fresh water and most of the worlds food and fuel and more land for each person then any country in the world. and more trees then any other country to

  • @jatochgte
    @jatochgte Před 7 měsíci

    In Chile, the plan is to extract the clay to treat it in a plant with a closed and continuous circuit, so there will be no runoff, the company says. This seal of care for the environment of BioLantánidos is already known in the main purchasing companies in the world.

    • @Shadowwalker1717
      @Shadowwalker1717 Před 7 měsíci +1

      In other words America in future will decide to bring democracy to Chile

    • @chilbiyito
      @chilbiyito Před 6 měsíci

      ​@@Shadowwalker1717they already did

    • @junglesuperstar9270
      @junglesuperstar9270 Před 6 měsíci

      @@Shadowwalker1717 they already did . Hahaha

  • @katesisco
    @katesisco Před 2 lety

    Guess what? We already know Puerto Rico is a basket of goodies of earth metals and by products!

  • @Dovid2000
    @Dovid2000 Před rokem +9

    I have heard that stibium (Sb), also known as Antimony, is one of those rare earth minerals sought after by the US. Having lived in Yemen, I have since heard that there is a mountain in the central parts of that country where stibium is found aplenty. The area in Yemen where stibium is found is called Jebel Hadl-lesi, in Balad Hada. Perhaps now is the time to secure mining rights for this rare earth mineral.

    • @marczhu7473
      @marczhu7473 Před rokem

      Yemen the country usa saudi coalition fight since decades. Your plan is quite dumb in actual condition.

    • @johnb6913
      @johnb6913 Před 7 měsíci

      antimony is usually mined as a gold mining by-product

    • @chilbiyito
      @chilbiyito Před 6 měsíci

      I'm telling Saudi Arabia

  • @paulfri1569
    @paulfri1569 Před 2 lety +3

    NZ may beat Australia at most thing's. But Australia is winning where it matters 💰💰💸💸