Chinese smuggling

[tjscott0]

@steve203

Are we sure about this? Is this another “yellow cake” letter? Is this another “tubes for uranium centrifuges”? In the current environment, we need to wonder if this is more anti-China propaganda.

Steve

China Rare Earth Magnet Stranglehold

Several traditional and electric-vehicle makers—and their suppliers—are considering shifting some auto-parts manufacturing to China to avoid looming factory shutdowns, people familiar with the situation said. Ideas under review include producing electric motors in Chinese factories or shipping made-in-America motors to China to have magnets installed. Moving production to China as a way to get around the export controls on rare-earth magnets could work because the restrictions only cover magn…

China in April began requiring companies to apply for permission to export magnets made with rare-earth metals, including dysprosium and terbium. The country controls roughly 90% of the world’s supply of these elements, which help magnets to operate at high temperatures. Much of the world’s modern technology, from smartphones to F-35 jet fighters, rely on these magnets.

Ah a strategic reason to gin up an excuse for a war.