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Browsing the "Molycorp" Tag

China’s Rare Earth Monopoly

December 15th, 2011 | by Silvio Marcacci

Rare earth minerals may be the most important factor in America’s transition to a low-carbon future - they're essential to virtually every source of renewable energy we use today. But China dominates global rare earth supplies and production, and their monopoly could corner the world economy. energyNOW! chief correspondent Tyler Suiters explores how U.S. dependence on China’s rare earths could affect our energy future and high-tech lifestyles



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