Omaha, Neb. (AP) – Only a rare American American mine was heard from concerned companies immediately afterChina repliedFor President DonaldTrump tariffsThis month by reducing the transportation of these minerals used for military use and high quality materials.
“Based on the number of calls we receive, the impact has been immediate,” said Matt Sloustcher, a spokesman forMember of the MPThe company that runs the Pass Mine in the California Mojuve Desert.
The trade war between the largest economy in the world can leadany business conversation. The California mine cannot meet all American needs for the rare world, which is why Trump is trying to clean up the new mines.
The world's most common items are important ingredients in electric cars, powerful magnets, high -profile fighters, submarines, smartphones, television screens and many other products. Despite their name, 17 items are not very rare, but it is difficult to find them in a large concentration enough to make a worth of investment.
Tariffs will affect ore distribution and cost
The MP's equipment, which found the Mount Idle Pass website in 2017, said Thursday would stop sending its China for processing due to 125 % of shipping and tariffs on American imports. The company said it would continue to process about half of what hit the mines and stored the remaining while it works to expand its processing capabilities.
“Selling our essential mining under 125 percent tariffs is neither commercial discretion nor compatible with national interests of America,” Material MP said in aInformation.
Experts say producers who rely on world -class and other essential minerals will see an increase in prices, but there is enough potential for the world's distribution available to keep the industries currently operating.
The California mine produces neodymium and praseodymium, common lamps that are the main parts of the permanent magnets of the ground in EVs and wind turbines. But the small number of the rare worlds that China has blocked, such as terbium and dysprosium are the key to helping magnets withstand high temperatures.
Already, the price of terbium has jumped 24% since the end of March to $ 933 per kg.
“Our estimate shows that there is enough stock in the market to sustain current demand,” Mental Areta Aret Earths Earths Neha Mukherjee said, adding that shortages could occur later this year.
China holds the power over the market
China has great power over the rare market of the world. The country has largest mines, producing 270,000 tonnes (297,624 tonnes) of last year compared to 45,000 tonnes (40,823 tons) mined in America China distributes about 90% of the rare world because it is also home to processing capacity.
BarriersBeijing set on April 4 requires Chinese sellers of seven heavy land and several magnets to get a special license. Revenge controls strengthened what the Trump administration and developers see it as a great need to build additional American mines and reduce national dependency on China.
Trump has tried, so far he has not succeeded, with forceGreenlandandUkraineIn providing more than their rare world and other essential materials for American. Last month, he signed an executive order calling on the federal government to direct approval for new mines and encourage investment in the projects.
Two companies are trying to raise mines insideNebraskaand Montana. Leaders in Niocorp and important American equipment said they expect to push from the White House will help them make money and get the necessary permission to start digging. NOOCORP has worked for years to raise $ 1.1 billion to build a mine in the south Nebraska.
“When I sit and I think about how we can deal with this huge access to which China is on these minerals that no one even knows how to pronounce it for the most part, we have to deal with this powerful,” NIOCORP CEO Mark Smith said. “And the best way.
The MP's equipment works to quickly expand its processing capacity, partly with the support of $ 45 million that the company received from the first Trump administration. But after investing about $ 1 billion since 2020, the company currently has no capacity to process a heavy world that China is blocking. The MP's equipment said it was working quickly to change that.
The great American Automaker refused to comment aboutHow dependentThey are in the rare world and the impact of China's export curbs. Mainly defense contractors as Boeing and Lockheed Martinwhich focused specifically on China's barriers as well as more than other dozen advocacy and air companies, they also remained fulfilled.
Military technology is a small but important user of a rare world. Trump issued an executive order on Tuesday seeking an investigation into the impact of China's national security reliance on things.
A lockheed spokesman, which makes the F-22 aircraft, said the company is continuing to evaluate the “worldly distribution chain to ensure access to the necessary equipment that supports our customers' mission.”
Developers prepare for increased price
Some battery manufacturers may start missing out on essentials within a week, according to Steve Christensen, the responsible CEO of responsible Batri, the party that represents the battery and retailers and battery retailers.
Already, manufacturers have seen the price of antimony, something that is used to extend the life of traditional acid batteries, more than twice since China blocked its sale last year. That part is not one of the rare world but is among the most important minerals that Trump wants to see in.
Previously, motorists will try to take any increase in the cost of their batteries without increasing the price of the car, but that may not be sustainable if Chinese barriers remain in place, Christensen said. 25% Trump's tariffs put all vehicles imported and car parts were already expected to raise costs, although the president touched on this week that he could provide the industryA temporary restoration.
America fulfilled its rare world needs and home sources until the late 1990s. Production ended much after the low -priced Ores overflowing international markets. Robots, drones and other new technologies have increased the urgent demand for raw materials.
Niocorp recently signed a contract to make the drilling more on his site this summer to help confirm theForeign Shipping BankThat enough world mines rest underground near Elk Creek, Nebraska, legalizing a $ 800 million loan to help fund the project.
But the new rare world mine is years away from working on American estimates if all goes well with its funding, a site that expects mine and processed niobium, scandium, titanium and assortment of rare worlds may be going on with the end of the Trump presidency.
Important American equipment plans to dig several tons of ore in Montana this summer so that it can try the processing methods that have been developing. The sheep project Creek is not as far away as the Nebraska project, but the key director of the American equipment Harvey Kaye said the site promises ORE deposits with the highest levels of the rare world.
This story was previously shown Bahati.com
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