Turkey found a large number of rare earths, the United States is happy, but unfortunately too soon! Finally, we have to come to China
Recently, Turkey broke the news that they found about 694 million tons of rare earth reserves in the territory, according to the Turkish Ministry of Natural Resources, these rare earths, enough for global use for 1,000 years!
The United States is happy to hear this news, because China, the largest exporter of rare earths, after restricting the export of rare earths, they put pressure on China on the one hand, while looking for rare earths in the world, because rare earths are too important, as a non-renewable resource, the use of rare earths is very extensive, industry, military, semiconductors, new energy, etc., are inseparable from it, proper strategic resources. Rare earths in the United States, that is really scarce, this time Turkey issued a large number of rare earths, they were happy, thinking that they could finally get rid of China's restrictions.
But the United States in the happy, they found some tricks, according to the previous data of the United States, the world has proven rare earth reserves is 120 million tons, China has 44 million tons, this time Turkey found so many rare earths, more than 5 times more than they explored, before the United States also explored in Turkey, how did not find it? Is his exploration technology so poor? This is a bit abnormal.
This is not the end, after Turkey announced their numbers, but very modestly ranked behind China, because they gave China's rare earth reserves of 800 million tons, which makes the United States scratch its head! What's going on?
As a result, with the release of more data, some rare earth experts pointed out that the rare earth reserves announced by Turkey are likely to be ore reserves, not rare earth oxide reserves, and there is a great difference during this period, just like the difference between 1 ton of gold and 1 ton of gold ore, because rare earths have to be refined, and then purified, so that Turkey's rare earth reserves will have to play a big question mark.
However, the United States believes that although the number of differences is somewhat large, it is better than nothing, but they found that what is more tragic is that even if they have rare earth mines, the results are still impossible to bypass China, because looking at the world, in the mining and smelting of rare earth minerals, purification, etc., only China has a complete industrial chain, and the technology is only this one, before the United States, Australia's rare earths, but also have to be shipped to China after purification and processing, in order to meet their requirements. This Turkish technology is simply not up to par.
That is to say, even if Turkey finds a large number of rare earths, the final result is likely to be shipped to China, so that China can process and purify them before they can buy them.
It doesn't matter to Turkey, as long as it can make money, but for the United States, it is to change the soup without changing the medicine, or to avoid China.
Of course, the United States has also worked hard in purification and processing, but the capital of the United States simply does not look at this technology, because China has pressed the price low enough, they have no profit to be made, and basically there is no capital intention to work in this regard. Taking a step back, even if the United States improves their technology now, it will not be able to meet the standard for a while and a half, and then in this period, it will have to rely on China.
