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us talks with australia rare earth supplies

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    U.S., Australia to Discuss Supplies of Rare Earth Minerals, Clinton Says
    By Nicole Gaouette - Nov 6, 2010 3:52 AM PT

    Secretary of State Hillary Clinton said high-level talks between the U.S. and Australia will focus on China�s monopoly over minerals used in military systems and its claims to the South China Sea.

    �We want to see China�s rise be successful, bring benefits to the Chinese people, but to take on greater responsibility and a rules-based approach to all of its neighbors,� Clinton said in an appearance with Australian Foreign Minister Kevin Rudd.

    Clinton is in Australia to mark the 70th anniversary of formal diplomatic relations between the two nations. She and Rudd issued a statement affirming the alliance and its shared commitment to democracy, �an international, rules-based order,� and the strengthening of regional institutions.

    �Our relationship continues to be a strategic anchor of security and prosperity in this region and beyond,� Clinton said as she began the two-day visit. �We have a very full agenda over the next two days.�

    One topic on the agenda will be the need to develop alternate sources of rare earths after a slowing of exports from China raised questions about supplies of the minerals, she said.

    Rare earth minerals, a group of 17 metals that includes neodymium, samarium and dysprosium, are used in military hardware such as missile guidance and radar systems. China now controls about 97 percent of the rare-earths supply.

    Beijing reportedly cut exports of rare-earth minerals in October. Clinton said the prospect of a future slowdown �raised questions� in many nations about whether it is �wise to be dependent on a single source for elements that are critical to the most advanced civilian and military technology.�

 
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