Submitted by BalticsFox t3_z4qd2s in technology
DukkyDrake t1_ixus2bo wrote
Reply to comment by Plzbanmebrony in The West is slowly rebuilding its rare earths supply chain. by BalticsFox
They were simply willing to cut the most corners, the way American industry operated before dumping toxic waste in the nearest stream was frowned upon.
The problem is the global value of rare earth imports was only $1.15 billion back in 2019. It's not a huge market, but it involves a lot of cost on the processing end. It's not just about mining.
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