Monday, September 27, 2010

Are We About To Fight Wars Over Strategic Metals?


Is This The Start Of The Element Wars? -- New Scientist

Warnings have already surfaced about water wars. Now the prospect of "element wars" is raising its ugly head.

Chinese customs officials are blocking shipments to Japan of rare earth elements (REEs) and companies have been informally told not to export them, says The New York Times.

The move puts more pressure on relations already tested by the capture of a Chinese fishing boat captain in disputed waters earlier this month. The captain was finally released on friday, says the Financial Times, but the ban on exports appears to remain in place.

Read more ....

My Comment: Japan certainly buckled down very quickly when China started to use its monopoly position on rare earths against Japan. It may not have been the main reason why Japan acquiesced to Chinese demands, but I am sure that they thought about it .... they and everyone else in the world.

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