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Wednesday, October 20, 2010

China blocks shipments of crucial rare earth minerals

Clinton gave them our military technology

China Said to Widen Its Embargo of Minerals

By KEITH BRADSHER
Published: October 19, 2010

HONG KONG — China, which has been blocking shipments of crucial minerals to Japan for the last month, has now quietly halted some shipments of those materials to the United States and Europe, three industry officials said this week.

The Chinese action, involving rare earth minerals that are crucial to manufacturing many advanced products, seems certain to further intensify already rising trade and currency tensions with the West.  …the interruption in rare earth supplies is the latest sign from Beijing that Chinese leaders are willing to use their growing economic muscle. 

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