question : What’s a recent news article on resources in asia ? Please help with this one because I can not find aritcles no recent news resources in China. Can be any credible website! Thaaaanks! Best answer: Response
by ApplesnOranges
Natural resources: coal, iron ore, petroleum, natural gas, mercury, tin, tungsten, antimony, manganese, molybdenum, vanadium, magnetite, aluminum, lead, zinc, uranium hydropower potential (world’s largest) I think this article is new important for global markets and U.S. interests. I understand that China needs to protect its interest, however, imagine having to increase the extraction of rare minerals that are in demand more than we had before in the Staes-bit Unis.Tid section below. China has operated effectively since the mid-1980s to establish a monopoly on the global rare earth resources. Assist its efforts to corner the market in China is enormous mineral wealth of rare earths. U.S. Geological Survey reports indicate that China poss esses approximately 52 percent known in the world of rare earths réserves.Yan added until the late 1980s, China has become the world’s largest producer of rare earth materials almost alone resulted in a decrease in the price of rare earths by as much as 90 percent. Much of this rapid price declines as Yan was the result of unauthorized factories that pump toxic waste into rivers to reduce their operating costs. “It is unfair to the rest of the world with cheap Chinese-made rare earth materials at a prohibitive cost to the natural environment in China,” he said. “Ultimately, it’s part of the environment of the world too.” Although Chinese officials have been considering the environmental cost of poor mining practices and drafting stringent regulations to curb these activities, representatives of the industry in the United States have tried to draw attention to legislative monopoly of China and the imminent effects of the U.S. monopoly science, technology and commerce. “New from China should serve as a huge red flag for U.S. government officials, “said Edward Richardson, president of the American Association Magnetic Materials (USMMA), a trade group representing U.S. producers of high performance magnets. Richardson, who is so Vice President of Thomas & Skinner, Indianapolis, which manufactures aluminum-nickel-cobalt (alnico) magnets, adds that “if the United States is to become a leader in clean energy technologies, we need a reliable domestic chain supply of rare earths. “main type More news feed