WTO Rulings... and Trump, page-61

"military demand" is another great furphy of the glitterati commentariat, total BS, lucky to 1% globally, and US particularly has bugger all MSC to turn REO into anything useful beyond FCC. They are hooked on the Dragon's RE enabled componentry & finished product like a junkie to their dealer.

"Most startling at the briefing was a slideshow showing the top weapons systems used by the US military - all of which are 100 percent dependent on China for essential rare earth components: Lockheed Martin's F-16, Raytheon's ground-to-air missile, Boeing's Ground-Based Midcourse Defense missile, Northrop Grumman's Global Hawk, and General Atomics' MQ-1 Predator. At least 80 of our nation's primary weapon systems wouldn't work at all without Chinese-sourced rare earth materials."

"Then, a week after the briefing, Senator Blunt's office sent out a memo that due to "DoD objections" to the National Rare Earth Cooperative Act, his office wouldn't move forward with the bill in the NDAA. This bold inaction essentially guarantees the United States' dependence on China for our national defense - probably forever."

http://www.truth-out.org/opinion/item/24445-dear-defens

Basically US simply lacks the MSC skill set to manufacture basic REO into hi tech components at the required scale, luv to watch DonT put a 45% tariff wall up.

China already stated very clearly in their RE industry development plan (2016-2020) the twin goals of doubling "High-end rare earth functional materials and devices market share" from 25% to 50% and simultaneously cutting "Exports of primary raw materials" by half.

Dragon is a long way from static in RE industry development, as many seem to believe.