KmartQuality

KmartQuality t1_iuk0hhe wrote

Reply to comment by kodos_der_henker in British and Austrian scientists have developed substances that have the opportunity to replace rare earths. In the future, the "artificial cosmic magnets" produced in the laboratory are expected to be used in wind power generation and electric vehicles. by future168life

I get that.

But why does china get so much more of it?

So many valuable, difficult to extract things are mined in many places. Have they just not looked everywhere yet because the demand is so new?

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KmartQuality t1_iujn1jg wrote

Reply to comment by future168life in British and Austrian scientists have developed substances that have the opportunity to replace rare earths. In the future, the "artificial cosmic magnets" produced in the laboratory are expected to be used in wind power generation and electric vehicles. by future168life

The article makes it sound that this product was seemed basically impossible to produce at scale or economically until someone just decided to do a backyard experiment.

It was so simple nobody ever tried? And voila, a new world economy?

What am I missing?

Also, why does this stuff to only get mined in China? Is it because only they are willing to dig up enough ground to make it worthwhile, thereby ruining their land? There are lots of places people have shown extreme willingness to destroy the future in the search for profit today.

Edit How cheap is china producing this dust?

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