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China cuts mines vital to tech industry
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[quote:Anonymous Coward 12105791:MV8xOTUwOTIyX0U5RDNDRDZG] http://www.cnn.com/2012/08/08/business/china-rare-earth/index.html?hpt=hp_t3 China will cut production of rare earths -- minerals vital for technology makers worldwide -- by 20%, a move that threatens to inflame trade tensions between Beijing and Washington. The minerals include cerium, neodymium, dysprosium, tungsten and molybdenum. Tungsten, for example, is used in electronics, automotive, aerospace and medical technologies. China produces 91% of the world's tungsten. Molybdenum is a metallic element used for filaments in light bulbs. China produces 36% of the world's molybdenum. [/quote]
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link to www.cnn.com
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China will cut production of rare earths -- minerals vital for technology makers worldwide -- by 20%, a move that threatens to inflame trade tensions between Beijing and Washington.
The minerals include cerium, neodymium, dysprosium, tungsten and molybdenum. Tungsten, for example, is used in electronics, automotive, aerospace and medical technologies. China produces 91% of the world's tungsten. Molybdenum is a metallic element used for filaments in light bulbs. China produces 36% of the world's molybdenum.
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