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Rare Earth Minerals "Quotas"
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Topic: Rare Earth Minerals "Quotas" (Read 10995 times)
richidoo
Out Of My Speaker Cabinet
Posts: 11144
Rare Earth Minerals "Quotas"
«
on:
October 24, 2010, 07:25:06 AM »
Watch for prices of exotic loudspeaker drivers to rise significantly due to Chinese quotas on rare earth minerals. Neodymium in particular will be affected which is used to make the most powerful permanent magnets, used in high tech motors like hard drives and loudspeakers.
Other industries will be affected too, like phosphors for panel TVs.
It started as China grew impatient with Japan over long standing territorial dispute. Then they remembered they hate the west also and decided to lump us in there. Like most Chinese chest thumping I predict they will make drama then like other nations who get what they want by stirring trouble, will back down in exchange for a chit.
http://www.nytimes.com/2010/10/25/business/global/25rare.html?src=busln
http://www.washingtontimes.com/news/2010/oct/20/chinas-rare-earth-monopoly/
http://sfgate.ldc.bloomberg.wallst.com/SFChronicle/Story?docId=1376-LAKN1Y1A74E901-5QO69NGDTESI71F67EJROEO94B
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rollo
Industry Participant
Posts: 6957
Rollo Audio - Home demo the only way to know
Re: Rare Earth Minerals "Quotas"
«
Reply #1 on:
October 24, 2010, 08:24:12 AM »
Bully tactics by the bully. Gee just makes one wonder how China would treat us in a crunch. They own 25% of us as we speak. Interesting articles rich.
charles
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contact me at rollo14@verizon.net or visit us on Facebook
Lamm Industries - Aqua Acoustic, Formula & La Scala DAC- INNUOS - Rethm - Kuzma - QLN - Audio Hungary Qualiton - Fritz speakers -Gigawatt -Vinnie Rossi,TWL, Swiss Cables, Merason DAC.
richidoo
Out Of My Speaker Cabinet
Posts: 11144
Re: Rare Earth Minerals "Quotas"
«
Reply #2 on:
February 08, 2011, 11:45:35 AM »
Last month China nationalized their rare earth mining industry, and are building facilities to stockpile the materials. This while they limit exports despite increasing demand suggests they are gearing up to take advantage of their monopoly.
http://www.breitbart.com/article.php?id=CNG.a1f3243ab58c6b6ab6455cbca4443759.a91
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BobM
Audio Neurotic
Posts: 3318
Re: Rare Earth Minerals "Quotas"
«
Reply #3 on:
February 08, 2011, 01:31:54 PM »
Just what we need, another reason to make things more expensive. And don't forget that every $1 increase in parts cost translates to about a $15-20 increase in the retail price. So a $100 parts cost rise means about $2000 more to us.
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Laugh and the world laughs with you. Cry and you'll have to blow your nose.
allenzachary
Obsessively Audiophilic
Posts: 688
Re: Rare Earth Minerals "Quotas"
«
Reply #4 on:
February 08, 2011, 03:45:51 PM »
Not to worry. We have more Rare Earth than China has. Especially on vinyl.
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bpape
Audio Neurotic
Posts: 1554
Sensible Sound Solutions
Re: Rare Earth Minerals "Quotas"
«
Reply #5 on:
February 08, 2011, 03:46:57 PM »
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I am serious... and don't call me Shirley
allenzachary
Obsessively Audiophilic
Posts: 688
Re: Rare Earth Minerals "Quotas"
«
Reply #6 on:
February 08, 2011, 04:13:39 PM »
She looks a little like my avatar, ya think?
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richidoo
Out Of My Speaker Cabinet
Posts: 11144
Re: Rare Earth Minerals "Quotas"
«
Reply #7 on:
April 06, 2011, 02:02:42 PM »
U.S. has its own rare earth minerals:
http://www.foxnews.com/scitech/2011/04/06/mojave-desert-lifeblood-americas-technical-security/
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richidoo
Out Of My Speaker Cabinet
Posts: 11144
Re: Rare Earth Minerals "Quotas"
«
Reply #8 on:
October 21, 2011, 12:25:26 PM »
http://old.news.yahoo.com/s/ap/20111020/ap_on_hi_te/as_china_rare_earths
China has nationalized their rare earths industry, restricting mining and sales. They are suspending sales altogether for one month to further jack up prices which have been slumping since their greed play began.
Example, Accuton is redesigning their drivers to use less neo, but this is at the expense of driver sensitivity.
http://www.accuton.de/company/index.php?&m1=5&m2=15#news_18
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richidoo
Out Of My Speaker Cabinet
Posts: 11144
Re: Rare Earth Minerals "Quotas"
«
Reply #9 on:
May 07, 2012, 02:02:45 PM »
http://www.humanevents.com/article.php?id=51301
US mining companies trying to take up the slack from China's rare earth quotas are finding Fed permitting a big hurdle. There is a bill in Congress that would speed up mining permits.
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richidoo
Out Of My Speaker Cabinet
Posts: 11144
Re: Rare Earth Minerals "Quotas"
«
Reply #10 on:
November 17, 2012, 05:08:36 PM »
India to the rescue, selling ore to Toyota.
http://www.bloomberg.com/news/2012-11-16/japan-signs-deal-with-india-on-rare-earth-production-supply.html
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richidoo
Out Of My Speaker Cabinet
Posts: 11144
Re: Rare Earth Minerals "Quotas"
«
Reply #11 on:
February 22, 2014, 01:11:21 PM »
What goes around, comes around....
http://www.zerohedge.com/news/2014-02-21/china-faces-vicious-circle-commodity-collateral-collapses
Metals, metals everywhere, and not a coin to spend.
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richidoo
Out Of My Speaker Cabinet
Posts: 11144
Re: Rare Earth Minerals "Quotas"
«
Reply #12 on:
March 27, 2014, 07:14:29 AM »
http://www.dailytech.com/World+Trade+Org+to+China+on+Rare+Earth+Metals+Stop+Breaking+the+Law/article34597.htm
World Trade Organization says "stop manipulating neodymium prices."
China says "we are reducing mining to protect our environment, just as you asked us to do."
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rollo
Industry Participant
Posts: 6957
Rollo Audio - Home demo the only way to know
Re: Rare Earth Minerals "Quotas"
«
Reply #13 on:
March 27, 2014, 08:17:45 AM »
Good one Richidoo. Very slick these Chinese.
charles
Logged
contact me at rollo14@verizon.net or visit us on Facebook
Lamm Industries - Aqua Acoustic, Formula & La Scala DAC- INNUOS - Rethm - Kuzma - QLN - Audio Hungary Qualiton - Fritz speakers -Gigawatt -Vinnie Rossi,TWL, Swiss Cables, Merason DAC.
richidoo
Out Of My Speaker Cabinet
Posts: 11144
Re: Rare Earth Minerals "Quotas"
«
Reply #14 on:
April 17, 2018, 09:55:57 AM »
Japan has discovered massive REY (Rare Earth minerals and Yttrium) deposits in its ocean floor mud. The estimated 16 million tons (after refinement) is enough to supply the needs of the entire world for centuries.
http://www.greencarcongress.com/2018/04/20180411-rey.html
https://www.nature.com/articles/s41598-018-23948-5.pdf
One of China's biggest economic weapons is defused.
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Rare Earth Minerals "Quotas"