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China to buy rare earths from U.S. as part of trade pact

China to buy rare earths from U.S. as part of trade pact

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  1. This is the best tl;dr I could make, [original](https://www.reuters.com/article/us-usa-trade-china-rareearths/china-to-buy-rare-earths-from-u-s-as-part-of-trade-pact-idUSKBN1ZE2YQ) reduced by 63%. (I’m a bot)
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    > China has agreed to buy two types of rare earth metals from the United States as part of an initial trade deal inked on Wednesday, a move likely to boost U.S. production of the strategic minerals.

    > The Round Top project has scandium and yttrium deposits, as do projects under development by UCore Rare Metals Inc and Rare Element Resources Ltd. The trade deal comes as the Pentagon has moved in recent months to help fund U.S. rare earth and rare earth magnet projects, part of an attempt to help create a domestic supply chain free from China, according to documents seen by Reuters.

    > The rare earths tension between the two countries goes back to at least 2010, when China limited exports to Japan after a diplomatic dispute, sending prices for the niche metals spiking and fueling concerns across the U.S. military that China could do the same to the United States.

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    [**Extended Summary**](http://np.reddit.com/r/autotldr/comments/epboti/china_to_buy_rare_earths_from_us_as_part_of_trade/) | [FAQ](http://np.reddit.com/r/autotldr/comments/31b9fm/faq_autotldr_bot/ “Version 2.02, ~458882 tl;drs so far.”) | [Feedback](http://np.reddit.com/message/compose?to=%23autotldr “PM’s and comments are monitored, constructive feedback is welcome.”) | *Top* *keywords*: **rare**^#1 **earth**^#2 **China**^#3 **U.S.**^#4 **two**^#5

  2. And illegally raid Mexico with armed groups for lithium

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