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Is the West too reliant on Chinese rare earth exports?

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12 months ago

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Rare earths elements are needed to make iPhones, advanced batteries, military night-vision goggles and MRI machines. According to the U.S. Genealogical Survey, China was responsible for 80% of rare earths imports in 2019.

 
Critical earth minerals are a necessity for humans around the world.

They are essential to our modern-day lifestyles and critical in the creation of things such as iPhones, electric vehicles, and advanced precision weapons.

While the United States is dependent on other countries for many minerals, there is no country that America is more dependent on than China. And all these minerals come at a price.

Rare earths elements are needed to make everything from the technology we use every day like smart refrigerators and advanced batteries to night-vision goggles used by the military to MRI machines which are crucial to the medical field.

Many in the government, business, and science sectors have long raised concerns about how to ensure the West’s continued supply of these critical earth minerals.

The United States was once a dominant player in the rare earths supply chain, but for decades, that global market has been dominated by China.

According to the U.S. Genealogical Survey, China was responsible for 80% of rare earths imports in 2019.

Last year, the Biden administration even touted a new plan for the United States to rival China and end their decades-long dominance of rare earth metals market.

So, how reliant is the West on Chinese rare earth exports?

Luisa Moreno the President of the Defense Metals Corp joined us to discuss. #rareearthelements #china #unitedstates #greenagenda #veronicadudo #luisamoreno #trade

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Why Australia is becoming the new home of the Hollywood blockbuster

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2 days ago

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May 17, 2024

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Australia’s multimillion-dollar campaign to attract Hollywood productions to its shores appears to be paying off.

The allure of Australia lies not only in its picturesque locations but also in its competitive financial incentives.

The government offers generous rebates and tax breaks to international productions, making it an attractive proposition for filmmakers looking to maximise their budgets.

Despite the recent intake of Hollywood productions down under such as ‘The Fall Guy’ and ‘Furiosa: A Mad Max Saga’, Aussie independents are still finding the space to carve their own creative path.

Rob Fantozzi joined the program to discuss the latest in Hollywood, and showcased his own upcoming project – ‘Omerta‘. #featured

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Portal between countries shut down after international flashing

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2 days ago

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May 17, 2024

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An international video portal has been forced to shut down after an OnlyFans model reportedly flashed passersby from across the globe.

On this episode of Ahron and Mike Live – Which would you prefer; pay rise or work perks, an international portal closes, the military reveal a submarine stingray and are you on a top or bottom burger bun?

Ticker’s Ahron Young & Mike Loder discuss. #featured #trending

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U.S. home prices surge 47%

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2 days ago

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May 17, 2024

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American home prices are rising at faster pace now than in the last 20-years.

A recent analysis reveals a jaw dropping surge in the cost of American homes.

Since the start of 2020, U.S. home prices have surged 47% easily outstripping the gains seen in recent decades.

On top of that, home price growth so far this decade is on the verge of surpassing all the growth seen in the 2000s.

Many experts believe this decade’s housing market frenzy was ignited by a perfect storm — the onset of the COVID-19 pandemic triggering an unprecedented rush among buyers.

Tom Hutchens, the Executive Vice President of Production at Angel Oak Mortgage Solutions joins Veronica Dudo to discuss.

#IN AMERICA TODAY #economy #housing #housingmarket #homeprices #homesales #inflation #trending

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