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0 sats \ 0 replies \ @Solomonsatoshi OP 23 Oct \ parent \ on: Rare Earths Reality Disproves Libertarians Free Markets Fix Everything Bullshit. econ
It is the refining capacity that is the really crucial factor.
Raw rare earths are not so difficult to obtain but to process them to the point where they are ready for use in multiple application is the difficult and very costly and time consuming part of it- and Chinas mixed economic model deliberately invested in capturing this strategic supply chain while the wests free markets failed to.