China’s war chest of rare earth patents give an insight into total domination of the industry

//China’s war chest of rare earth patents give an insight into total domination of the industry

China’s war chest of rare earth patents give an insight into total domination of the industry

China is strengthening its grip on the rare earths supply chain and could use its dominant position as a bargaining chip in its trade war with the US.China has been investing heavily on facilities to do the bulk of the dirty and environmentally damaging mining and ore processing work for the world, systematically turning its know-how and methodologies into patents that could give it a competitive edge against its rivals.The country, which already supplies more than 80 per cent of the world’s…

Article by [author-name] (c) South China Morning Post - Read full story here.

By | 2019-07-19T19:00:09+00:00 July 19th, 2019|Business|Comments Off on China’s war chest of rare earth patents give an insight into total domination of the industry