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Rare Earth Elements

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  • Sotiris N. Kamenopoulos

Abstract

Rare Earth Element Reserves are estimated at 130 million metric tons while global production/processing capacity was approximately 126,000 metric tons in 2016, 95% controlled by China The US authorities and academics mistakenly treat Rare Earth Elements as “one group, one product†, but final high-tech products only use the appropriate elements providing desired characteristics. Disaggregation reveals that the U.S, the EU’s and Japan’s economies and national securities are 100% dependent on 30% of the naturally occurring elements on the Periodic Table of Elements and Chemistry. A comparative review between 1980 and today shows that the conditions are in place which will lead to the manipulation of the Rare Earth Elements market by the dominant player, China.

Suggested Citation

  • Sotiris N. Kamenopoulos, 2018. "Rare Earth Elements," World Economics, World Economics, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE, vol. 19(2), pages 129-148, April.
    • Handle: RePEc:wej:wldecn:710
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