NOURF - What If China Bans Rare Earth Exports To The U.S.
This article first appeared on Trend Investing on June 3, 2019; therefore all data is as of this date.
With the US-China trade war deteriorating it is becoming increasingly likely that China may ban exports of rare earths to the USA. This would lead to a scramble by the US to source non-Chinese rare earth sources.
The US imports 78% of their rare earths from China
Source: Bloomberg
As reported last week:
The (US) department continues to work closely with the President, congress and the industrial base to mitigate U.S. reliance on China for