In 2010, China and Japan got into a mighty fishing kerfuffle, and Beijing responded by halting exports of rare earth minerals, elements crucial to a slew of military and commercial technologies. The world shuddered, since China produced more than 90% of the world supply.
But then new mining projects sprung up elsewhere, and China, rather than lose its market dominance, lifted the export ban.
Read the full story in the Axios Future newsletter.
Author
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Martijn Rasser
Former Senior Fellow and Director, Technology and National Security Program
Martijn Rasser is the former Senior Fellow and Director of the Technology and National Security Program at CNAS. Prior to joining CNAS, Rasser served as a senior intelligence ...
