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Chapter 221 Sudden situation

Just as Xiang Bingwei was stunned by the situation that asked for password verification again, Jiang Feng's mobile phone started to scream.

As soon as the cell phone rang, it usually means something big happened, so he quickly walked to the living room and answered the phone.

"Mr. Jiang, there is something new." The one who called at this time was from the United States.

Jiang Feng was stunned for a moment and thought that his investment in Nasdaq, except for some strategic stocks, has basically sold out almost all, so there should be no problem at this time, right?

Just when Jiang Feng was puzzled, the people there started to tell him the situation.

It turned out that just now, the US Government Accountability Office warned China about its control over the supply of rare earth materials.

The U.S. Accountability Office said that China's processing of rare earth materials accounts for nearly 97% of the total global supply, and although the United States has rare earth deposits, it is unlikely to enter production within a decade. In addition, the United States has lost the necessary refining capacity of rare earth materials, and it may take up to fifteen years to rebuild the supply chain.

The U.S. Accountability Agency said that China's dominance in the rare earth market has given it market control and may affect the global supply and price of rare earths.

As we all know, rare earth materials have special electromagnetic characteristics. Many military defense systems require the use of rare earth materials, including missiles, satellites and radar systems. Commercial fields include hybrid electric engines and batteries, wind turbines, computer hard drives, mobile phones, cameras, energy-saving light bulbs and optical fibers, etc., which require the use of rare earth materials.

Americans said that since China's rare earth production is now mainly controlled by a large rare earth import and export company, a monopoly has been formed, in at least the next few years, the supply of rare earth materials will be mainly controlled by Chinese suppliers, and prices have been rising again and again.

U.S. government officials and industry managers believe that China is not only planning to increase the export tax on rare earth materials to more than 20%, but will also use production limits to limit supply and reduce exports to the outside world.

Although Americans' Molycorp Mierals, a subsidiary of Chevron, has a rich rare earth deposit in the Pais Mountain Mine in California, it lacks manufacturing assets to process rare earth ores into finished products. In addition, Americans also lack heavy rare earth elements necessary for many industries and military hardware. As for other rare earth deposits, they are located in other places and are distributed in different places. However, what makes Americans the most troublesome is that they have been sealing domestic minerals for many years and relying on importing Chinese rare earth minerals. Therefore, the relevant industrial chain in the United States has now broken, and it may take nearly ten years to recover just by putting them into production.

In short, facing China's actual control over rare earth exports, Americans finally couldn't sit still.

Jiang Feng felt a little disdainful of the reaction of the US government. This kind of thinking of the Americans is completely robber logic.

In the past, China's rare earth resources that were more expensive than gold were sold at the price of white radish, and all the American mainland stopped mining. Now, China only controlled a little bit, which was accused by the United States.

How can this be the attitude of a country toward a country? It is simply the attitude of a parent toward a slave!

Although he was whispering in his heart, Jiang Feng was still a little worried after listening to his subordinates' reports, because now a large part of his industry is in the United States. If this rogue country takes special measures to its industry in the United States, he would have caught it blindly, so he asked: "What is the reaction of the US government?"

"The White House has not made a formal statement yet, but judging from what I have learned privately, it is estimated that the proposals will be proposed in Congress in the short term and sanctions will be considered for imposing sanctions on China." The subordinates from the United States replied.

Jiang Feng scratched his head and said with some silence: "When sanctions are just used by politicians to scare the people. What impact can they really have on us? In fact, the most important thing is to see what the positions of those large consortiums are."

The other party immediately replied: "In fact, because the country is discussing large aircraft projects in China recently, Boeing feels that its market position is under threat, so it has joined forces with some people to interfere with this plan. Perhaps their lobby will soon arrive in Beijing. Even on the rare earth issue, Raytheon, Boeing and Lockheed Martin in the United States have also actively joined forces to put pressure on China."

Jiang Feng nodded, and this situation was inevitable.

The large aircraft project that this subordinate mentioned was actually proposed by Jiangzhou Heavy Industry Group recently, which is the research and development project of civil aviation aircraft.

Now, Jiangzhou Heavy Industry Group is relatively complete in the research and development of military aircraft. From armed helicopters to fighter jets, strategic bombers to air early warning aircraft, from ordinary transport aircraft to strategic transport aircraft, etc., Jiangzhou Heavy Industry Group has special research and development projects.

Under such circumstances, Jiangzhou Heavy Industry Group, at the request of the state, began to prepare for the establishment of domestic civil aircraft.

In fact, when relevant national leaders made this suggestion, Jiang Feng knew that as the project was officially put on the agenda, it would definitely be a strong rebound from Boeing and Airbus, the two giants in the private aircraft field. After all, China's civil aviation field has developed rapidly in recent years and the demand for aircraft is also huge. It can be said that the Chinese market is a market that they cannot lose. If they lose this market, it will definitely have a huge impact on these two companies.

Rare earth materials can be said to be the catalyst for modern military products. Without this thing, many high-tech products cannot be launched smoothly. Therefore, as the American arms dealer, Boeing and Lockheed Martin male and female males were obviously worried after they found that the prices of rare earths in the international market are increasing and the supply of goods is getting smaller and smaller.

Their joint suppression was also expected.

In fact, they are also dissatisfied with the new rare earth policy that China just introduced last year, and representatives of companies from various industries and industries from Europe, America, Japan and other countries.

Rare earths, known as industrial MSG, are widely used in wind power equipment, automobile exhaust purification equipment, precision instrument manufacturing and national defense fields, and directly affect the production of clean energy.

Although China is the country with the richest rare earth resources in the world, it has been supplying most of the amount of the world cheaply in the past few decades. This has caused China's proven rare earth reserves to drop from 43 million tons in 1995 to 43% of the world, to 37 million tons today.

However, since last year, Jiangfeng's rare earth industry integration has begun to show results. By reducing mining sites and standardizing mining certificate management, the prices of rare earths have increased significantly over the past year. Among the rare earth varieties, the average quotation for praseodymium oxide is about 700,000 yuan per ton, up about 400% from the beginning of last year.

Europe, the United States, Japan and other countries seem to be caught off guard by China's sudden shrinking of rare earth exports, integrating rare earth companies and significantly increasing prices.

In the past decade, the rare earth mining industry in many countries such as the United States and Canada has stopped due to the impact of China's cheap rare earth market.

Countries with relatively abundant rare earths such as the United States and Australia have basically never used their own rare earth resources in the past five years.

However, recently China has been reducing its share of rare earths. Over the past year, the international community has been very worried about this matter. Now many countries want to reinvest in rare earths.

The US Department of Defense also raised the issue of rare earth security, analyzing whether there is really a risk to US defense due to the reduction of production by China, a major rare earth exporter.

In addition, the U.S. Department of Energy is also studying this issue. Some U.S. government agencies hope to restore the U.S. rare earth supply chain through legislation. Although it is not known when the specific plan will be issued, it is certain that this matter is in progress.

Jiang's American branch is relatively alert. He can summarize these dynamics as soon as possible and report them to Jiang Feng in a timely manner, so that he can free up enough time to arrange them so that he will not be caught off guard by the other party.

After answering the phone, Jiang Feng temporarily lost the mood to test Xiang Bingwei's computer network technology strength. He explained to Xiang Bingwei, let her slowly crack it, and then left.

Jiang Feng did not return to his dormitory at Capital University, but returned to his single apartment at Capital University, sat on the sofa, then turned on his laptop, connected to the video signal, and then began to call on several leaders of Jiang's Mineral Company's rare earth project to learn about the overall situation of domestic rare earth production and sales.

The prices of rare earths have risen sharply since the beginning of the year. From the beginning of the year to the present, the prices of major rare earth oxides have risen to varying degrees. Among them, the main rare earth varieties in the north have risen by 400%, cerium oxide has risen by 50%, and lanthanum oxide has risen by 30%. The main varieties in the south have also risen by relatively large, with dysprosium oxide having risen by 70%, terbium oxide having risen by 80%, and oxidation sales have risen by 20%.

This is mainly because the integration of domestic rare earth industry has begun to show results. For example, Jiangnan Province once had more than 1,000 mining sites, but now it has been reduced to 40, and the trend of concentration in large and medium-sized enterprises is relatively obvious. These forty mining licenses are completely in the hands of Jiangfeng's rare earth investment companies.
Chapter completed!
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