Evening Edition: China Halts Rare Earth Metals Exports
Beijing has suspended the export of all rare-earth elements as the trade war with the United States intensifies. The demand for rare earth elements, or metals, is growing as the world uses more clean energy sources and more higher-end microchips for the next generation of processors. Rare earth magnets, made by the elements, are used in electric cars, fighter jets and other new and evolving computer technology.
FOX's Eben Brown speaks with Bret Manley, Executive Director of the Energy Fair Trade Coalition and former Naval Intelligence Officer, who says the United States has to expedite the search, extraction and processing of rare earth elements or we will fall too far behind China in the development of new technologies.
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