Nepal – the country of the Buddha and the Mt. Everest

Peace comes from within. Do not seek it without – Buddha

Posts Tagged ‘Global war’

Opinion: China rules the rare earth

Posted by Ram Kumar Shrestha on August 20, 2011

By Pepe Escobar

Asia is at the centre of an inevitable development of our digital world: the coming mineral wars.

The computer you are using to read this article is already involved in a global war.

Oil wars? Water wars? Sure – they will continue to define the geopolitics of the early 21st century. But in high-technology terms, nothing compares with the coming mineral wars. And the name of the game is rare earth.

Asia is the land of rare earth – the minerals that allowed the digital revolution to happen, and that are making green technology a reality. China controls no less than 95 per cent of the global production of rare earth.

The key player in this high-stakes game is Baotou Steel Rare Earth (Group) Hi-tech Co., from Inner Mongolia – the world’s largest producer of rare earth elements. Read the rest of this entry »

Posted in Global | Tagged: , , , | 1 Comment »

 
%d bloggers like this: