Pentagon Loses Control of Bombs to China Metal Monopoly

Strategic metals, rare earths and materials are a weapon that can close down the high tech industry of any country that China wishes. Maybe it would be better if the dopes in the US legislative got off the bash China kick they have been playing with.

Jim

Jim,

It takes years to develop these mines, so any supply disruption could have dramatic consequences in the short-term.

Eric

Warning Signs

“The Pentagon has been incredibly negligent,” said Peter Leitner, who was a senior strategic trade adviser at the Defense Department from 1986 to 2007. “There are plenty of early warning signs that China will use its leverage over these materials as a weapon.”

Source: bloomberg.com