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China bans export of rare earth processing kit
(www.theregister.com)
This is a most excellent place for technology news and articles.
Rare earths... Is this why China seems to be upping their territorial dispute with Philippine? Because the seafloor on that region is supposed to be rich with rare earths?
Tetrataenite magnets will have soon solved that dependency and will be massively cheaper. I wouldnt worry about that too much.