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China bans export of rare earths processing tech over national security
(www.channelnewsasia.com)
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Australia has huge reserves of rare earths.
Australia also has huge reserves of cobalt too, but it's cheaper to fuck up the DRC with violence and pollution, force kids to mine it and then write articles hand wringing about the ~ moral implications of modernity ~ without mentioning there are viable alternatives.
From what I've read, the real issue with with the actual refining tech which China effectively has a monopoly on.