China Ends Rare Earth Minerals Embargo

Hillary Clinton calls the halted shipments a 'wake-up call'
By Aaron Cowan,  Newser User
Posted Oct 28, 2010 8:46 PM CDT
Promoted on Newser Oct 29, 2010 8:06 AM CDT
Demonstrators unfurl a Chinese national flag as they take part in an anti-Japan protest on Sunday, Oct. 24, 2010.   (AP)

(User Submitted) – China has resumed its shipment of rare earth minerals to the United States, after cutting us off early last week, the New York Times reports. Shipments to Japan, which have been suspended since September due to disputes involving the arrest of Chinese fishermen, also resumed, though they are facing some delays. The decision came hours after an announcement by Secretary of State Hillary Clinton that she would travel to China tomorrow to discuss the matter.

She called the suspension a “wake-up call,” saying the US and Japan need to find alternate supplies of these materials. China, which produces 95% of the world's rare earth minerals, has repeatedly downgraded its export levels of these materials over the last five years; what it currently ships is well below world demand. Read the full article.

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