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Neodymium is displayed at the Inner Mongolia Baotou Steel Rare-Earth Hi-Tech Co. factory in Baotou, China. China has cornered the market on neodymium and other rare earths, with far-reaching implications for global trade.
China Flexes Trade Muscles With Rare Earth Export Cut
()Last month, Beijing blocked shipments to Japan following a diplomatic dispute. Now, reports are emerging that China has also cut back on rare earth exports to the U.S. following an investigation into complaints Beijing is unfairly favoring its green industry sector.
