Category
Economy
Markets, trade, employment, prices and economic policy.
Credibility summary
Of the 186 claims in Economy with evidence either way, 91% held up.
Showing 1521-1540 of 1595 claims
Rare earth metals are sent to manufacturers as sacks of powder after purification.
Mr Gallezot says economic cooperation is more powerful than pure competition.
China tries to restrict rare earth exports impacting US China trade talks.
Dependency on a single source is dangerous according to Benjamin Gallezot
The French government is supporting the facility with about €20m in tax credits
The 40-hectare site employs more than 300 people
The room is about the size of a football pitch with rows of metal vats separating rare earths
Employees loaded a truck with rare earth concentrates Mountain Pass mine June 7 2019
Special access granted to separation room vital to know-how since 1948
Process requires 1500 processes outsiders are rarely allowed in
Restricted access is due to rivals gaining knowledge concentrated in China
Turning materials into powders is a complex process
Norway and Sweden projects are advanced but likely a decade from readiness
Kehren thinks own mines are necessary for sourcing
No operational rare earth mines exist in Europe
Facility aims to provide 30% of Europe's rare earths by 2030
Mr Kehren says recycling end-of-life equipment can produce 30% of Europe's rare earth needs
Growing demand will require more virgin rare earth material from Brazil Canada Australia
Europe has two rare earth processing facilities one in Estonia one in western France
Plant in western France is only plant outside China that can process all 17 rare earths
Recently analyzed in Economy
Some price increases stemmed from tariffs other factors like housing and food costs played a larger role
June inflation highest since February Trump's tariffs increased prices
Prices are rising because of tariffs
Risk is that investors begin to doubt United States will pay back its debts and start demanding higher interest rates
The New York Times
Country is still on track to borrow an alarming amount of money in coming years
The New York Times