>Japan is months from running out of supplies of yttrium, a critical metal, and has asked the US to push China to ease rare earth export controls that threaten severe disruption to the global automotive, defence and chip industries.>Tokyo made the entreaty to the US government and American blue-chip companies, according to people familiar with the matter in Washington and Tokyo.>Washington has urged China in recent months to increase the flow of rare earths, including yttrium — a heat-resistant metal crucial to manufacturing vehicles, jet engines and semiconductors — to the US and its allies. US defence supply chains rely on components made in Japan that contain yttrium.>Unless Beijing changes tack or western allies find substitutes or additional stockpiles, shortages could emerge as early as the end of this year, Japanese government officials and trading house executives said.>“We’re in a serious situation to keep supplying downstream industries,” said a Japanese government official. “Stockpiles are decreasing and rare earth saving efforts have a limit.”>Yttrium oxide prices outside China have skyrocketed to $1,150 per kilogramme, a 179-fold increase versus two years ago, compared with $9 per kilogramme in China, according to price assessments by Argus. >The US has complained that China is not fulfilling its pledge to ease rare earth controls under the trade truce the two sides reached last October. After Trump met Xi in Beijing in May, China reiterated that pledge to “address US concerns regarding supply chain shortages related to rare earths...including yttrium”.>A senior US official told the FT last month that China was fulfilling two-thirds of its rare earth commitments to the US, and was only allowing Japan to procure the bare minimum of its needs.https://freedium-mirror.cfd/https://www.ft.com/content/ebd3244a-9120-4773-b55f-41df77f60c93
>>544692509>yttriumlol those are just random letters
>>544692736It's essential for the defense industry, jet engines, vehicles, semiconductors, etc. Virtually every important industry.
>>544692509They voted for it.
>>544692509we could mine the entire north of eu its all mountains but the people in charge are literal retards who wont do it because its cheaper when the xinese do it.
>>544692509so, when youre out of xinese slaves where does the next batch come from?
>>544692509>Yttrium oxide prices outside China have skyrocketed to $1,150 per kilogramme, a 179-fold increase versus two years ago, compared with $9 per kilogramme in ChinaHoly shit.
nothing is coming you fucking morons.
ytrium? yea ytryim!.. watchya need' ytrium fo??
Weren't they doing some deep sea extraction of yttrium recently? Did that not pan out or something
eu is not drilling for oil in the north sea even though is perfectly doable. this is all a plandemic again.
there will be coming alot of bullshit our way in the next 3 years and you will have a hard time swallowing it because the leaders will do all kinds of complete wacky shit.
>>544695323>>544695357>>544695384>>544695567>>544695605You lost, tranny. Now stop dilating in the thread.
>>544692509>The US has complained that China is not fulfilling its pledge to ease rare earth controlsGood.
>>544692509>Can't coat ICE automobile engines with random metal that wasn't used until the last 20 years>Computer chip prices riseLook, I'm not saying you're wrong, I'm just saying how did we fucking get here?
>>544695323>>544695466>>544696568Yttrium is a metal discovered by a Finnish chemist from a sample dug out from a mine near the Swedish town of ytterby, which is why it's called that. We could easily produce this in Finland for instance. There are 2 reasons we don't. It's environmentally destructive to purity, which doesn't matter to the Chinese and if we would do it, because it's somewhat profitable now, the Chinese would flood the market causing the operation to go bankrupt.
>>544693193Policies are set top down, not bottom up. Always.Democracy is a lie.
Fuck em. They had the chance to process rare earth's. They didn't. Then they tried to out gook the gooks. You want neodymium too. Kek too bad for you. Pay up.
Japan actually has deposits of rare earths they used to exploit, like in the US it became unprofitable with China dumping at below cost of production on subsidy for decades, which resulted in the closure of rare earths mines, and not long after that China cranked the prices and they're now doing sanctions with their rare earths monopoly. They recently rolled the Dutch over onto their backs and poked their soft herring-filled bellies with this sanction trick, Dutch complied and now chinks get EUV.
>>544698960Shamefur Dispray.
>>544696855damn those pesky chinese the owe us yttriums and other made up words
just develop tech that doesn't require rare earth minerals. problem solved.
>>544692509Just use Japanesium if Chinesium is not available!
>>544692509>piss off your major supplier at the behest of your master>oy vet why are they refusing to do business with me
