mmm tasty ytrium
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These rare-earths embargos are going to cause so many shakeups of western-aligned governments, alienating their domestic capitalists from the pro-US ruling parties.
The US cannot transmute USD into rare-earth minerals, and these countries are going to have to come down from the clouds to reality, and either pick China over the US, or accept ruin of their economies.
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Yttrium’s most critical use is in thermal barrier coatings that protect jet engines from extreme heat, as well as in in heat-resistant coatings for semiconductor manufacturing tools, ceramics, phosphors and lasers.
the shovel makers won't be happy about this.
No glowing neon crystals for you
yttrium oxide costs about US$1,150/kg outside China, 179 times its price two years ago, against about US$9/kg inside China, according to Argus data cited by the FT
Damn
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