China Halts Critical Rare Earth Exports as Trade War Intensifies.
(www.nytimes.com)
from Tea@programming.dev to technology@lemmy.world on 13 Apr 21:08
https://programming.dev/post/28566093
from Tea@programming.dev to technology@lemmy.world on 13 Apr 21:08
https://programming.dev/post/28566093
Beijing has suspended exports of certain rare earth minerals and magnets that are crucial for the world’s car, semiconductor and aerospace industries.
threaded - newest
More like “Fart and Then Squeal” amirite?
The fact they where supplying foreign militaries in the first place is hilarious.
as far as magnets are concerned there are better designs out there that are not being pursued because neodymium is so much easier.
So much of the modern world is built on what is easiest not what could be better if we put in the least little bit of effort.
Because anything that isn’t easiest isn’t profitable
and profit is more important than everything; including quality of life and national security!
Now you’re catching on!
Not always isn’t profitable, just isn’t as profitable.
Well sure.
But when the lowest-hanging fruit is all harvested, reaching for the next available thing requires investment and so quarterly profits start dropping. Once the investments have been paid for, profits will never come back to where they were previously so it’s always diminishing returns
Yes and since the advent of the smart phone I haven’t seen any tangible evidence the next “thing” is here for them to dump money into. (Tangible, not software based)
Exactly this!
They’re pretending it’s AI, or cryptocurrency, but neither has any use case that anybody wants or needs aside from money laundering and homework cheating
Like what?
yeah, I noticed I just said magnets like other permanent magnets could be better or something ...
Thanks for calling me on this.
I was talking about motors and Induction isn't in fact explicitly better. I think they could be if we have no other choice but to throw research at them but for right now there have fairly equal trade offs.
Well, i hoped there were more effective materials/mixes around with less reliance on rare earth, since i’m not that into magnetic science.
Would you say you ate not attracted to magnetism?
From what I understand, China’s exports of rare earths have been largely a part of finished components and that’s not been suspended.
True, but this changes the world dynamic much more than we’d think.
Before China would sell materials and other countries would have factories to produce products from them.
Now, China can move the production into their own country, selling their products without the middleman, but still keep the prices up.
Factories shut down in the rest of the world and open in China. They now control the full product from material to the product sale.
I could be wrong but my impression was that this is how it already is for goods containing rare earths. That they are already manufactured largely in China and China exports them and that there’s no ban on finished products containing rare earths.
Work in an industry that uses raw RE oxides to produce medical equipment.
We are fucking toast if these tariffs and restrictions are kept.
You literally can’t get some of these REs anywhere else in the world as in the natural abundance is literally only in china.
What you said is correct I imagine but some of the REs are utilized in a raw format in us based plants.
That’s what Xi said.
I WANT OFF MR BONES WILD RIDE
<img alt="" src="https://lemmy.ca/pictrs/image/3efd5a5f-14f5-40bd-82f0-26055783ac3f.webp">
Wow!
That’s good world building.
Holy shit.
Life imitates art.
Usually it’s the other way around.
Wait until you hear about a little game called Fallout…
For the lucky 10,000:
Part 1: <img alt="" src="https://discuss.tchncs.de/pictrs/image/b454fd95-90b0-4b05-ac21-4aef2fa718fd.jpeg">
Part 2: <img alt="" src="https://discuss.tchncs.de/pictrs/image/2a05f41d-850a-4050-96b8-fdb91819b358.jpeg">
Holy hell, thank you for posting that
I’ve never seen that one before. My sides hurt
Donald Trump is a self-inflicted wound.