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commentist t1_jahdg24 wrote

If I remember correctly world can switch fairly quickly from China right now if we want to. It is extremely environment unfriendly process so while China doing for reasonable price no one cares.


Gusdai t1_jai2430 wrote

It takes a couple of years to shift, because it takes a lot of infrastructure (and planning) to mine and refine.

But remember when China talked of export quotas on these minerals, to punish certain countries (Japan at the time)? That was a couple of years ago, and countries started developing their own supply already, because they understood the problem. So China doesn't have the same leverage anymore.