By Admin 
Rare earth elements: After two days of talks in London, both the US and China have agreed to work on a framework to resolve their trade disputes. With this, the danger of tariff and trade war between the two largest economies of the world is now seen to be avoiding.
Neither the fear of war nor the concern of tariff … Trump and Jinping forced the same thing to interact with each other and that is rare meaning elements. On Thursday, US President Donald Trump and his Chinese counterpart Xi Jinping had a conversation over the phone for about 90 minutes. After this, Trump posted Truth on social and said that China has agreed to shipment of rare meaning elements in America.
The world became restless due to a decision of China
The US has imposed a ban on China on the semiconductor chip. After this, the US imposed a visa ban on some Chinese authorities regarding entry into Tibetan regions. Meanwhile, China banned the export of rare meaning elements, which led to the sleep of America.
As soon as China banned the supply of six rare meanings i.e. ill-fated mineral magnets, the whole world became restless because it is used in the motor for electric vehicle to F-35 fighter jets. This decision of China shook factories from Chicago to Mumbai. Let us see what was the effect of braking on the shipment of China’s rees-
- Ford stopped his Explorer SUV production in Chicago for a week.
- Due to lack of rare meaning, Tesla’s optimus robot actuators were affected.
- Volkswagen to find out such components from its suppliers in which rare meaning is less used.
- Defense contractors also warned of the magnets’ stock to end.
- Ukraine also started having problems with the supply of drones.
What is rare meaning elements?
Today, 90 percent rare meaning magnets in the world are produced in China. REES’s global supply chain is very much dependent on China. Rare Earth Elements are a group of 17 metal elements, which are found in the upper surface (crust) of the Earth. These include neodimium, dysproosium, gadolinium, presencemium, lutetium,. These are called rare because they are formed under the surface of the earth and it is difficult to find, remove and separate them from each other because they are found in groups.
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What is the rare meaning of China, which has brought a big crisis on India’s automobile industry