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Trade war

History offers lessons in escaping China's rare-earth dominance

Industry response to earlier export cutoff can show policymakers how to react

China accounts for around 70% to 80% of the world's production of rare-earth ores.   © Reuters

TOKYO -- Chinese exports of rare-earth metals are once again a subject of international scrutiny, nearly ten years after the country last restricted shipments. In its report on securing access to the chemical elements, the U.S. Department of Commerce unveiled a policy aimed at increasing domestic production of these resources, some of which are used in sophisticated products, such as high-performance magnets.

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