translated from china language:
https://ec.ltn.com.tw/article/breakingnews/2867250

China suspected of playing rare earth cards, the United States, Japan and Australia to join hands2019-07-29 15:35The United States, Japan, and Australia will cooperate to break the monopoly of China in the rare earth market. (AFP photo)[Financial Channel/Comprehensive Report] China's "Rare Earth Card" is regarded as one of the possible means in the US-China trade war. Coincidentally, the amount of rare earth exported from China to the United States decreased in June, a sharp drop of 3.9% compared with May. . In order to cope with the prospect of insufficient potential rare earths, the United States, Japan, and Australia will cooperate to break the monopoly of China in the rare earth market.According to a comprehensive foreign news report, Australia's rare earth manufacturer Lynas has reached an agreement with the United States and Japan to organize an alliance to break the situation of China's independence. Lynas is currently the only non-Chinese rare earth manufacturer in the world. It signed a cooperation agreement with the Blue Line Group in Texas in May. It is expected that after the official operation of the Texas Rare Earth Plant in 2021, it will challenge China's dominance.In 2010, Japan and China disputed the Diaoyutai, China interrupted the export of rare earths to Japan, and the next year Lynas cooperated with Japan, Japan's Sojitz, Japan Oil, Gas and Metals Corporation (Japan Oil, Gas) And Metals National Corporation provided Lynas with a US$250 million (about NT$7.5 billion) to help Lynas expand its mass production. In exchange, Lynas has consistently supplied Japanese rare earths, and Japan has now become the largest customer of Lynas.China's dominance in the rare earth market is not only a bargaining chip in the US-China trade war, because rare earths can be used as military raw materials, so many countries regard it as a potential threat. According to statistics, China's exports of rare earths in the United States in June were 414 metric tons, a sharp drop of 3.9% from May. A sharp drop in the price of the rare earths was once again on the table.