Thread: China Syndrome
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Old 08-26-2009, 10:31 PM   #7
Zabo
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Quote:
Originally Posted by MikesZ View Post
...of a different kind. As reported on autoblog today, China is reportedly considering banning the export of "rare earth minerals", some of which are critical to the battery production for electric cars and hybrid vehicles. Since China produces 95% of these critical minerals...ummm, this could be a problem. Hopefully the state department is on this?
For what reason? Aside from the idea that they could assemble the batteries 'better' than those in other areas of the world..

Or that it would force them to commit economic suicide..?
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