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:::(B) [[Labor productivity]] needs raw materials to work on.
:::(B) [[Labor productivity]] needs raw materials to work on.
::*'''Question:''' What does "China controls 70% of global extraction, '''85% of refining''' mean? It means China not only controls the vast majority of [[rare earth]] mineral reserves in the ground, they also control the process of extracting and processing the raw rare earths from rock with the knowledge, experience, patented processes and specialized equipment.
::*'''Question:''' What does "China controls 70% of global extraction and '''85% of refining"''' mean? It means China not only controls the vast majority of [[rare earth]] mineral reserves in the ground, they also control the process of extracting and processing the raw rare earths from rock with the knowledge, experience, patented processes and specialized equipment.
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<big>'''The Global Reagent Squeeze: Supply Chain Vulnerabilities in Critical Mineral Processing'''</big>
<big>'''The Global Reagent Squeeze: Supply Chain Vulnerabilities in Critical Mineral Processing'''</big>