How China outsmarted Europe and the US on rare earths | Business Beyond

Europe needs rare earths - for its industrial base , for the transition to green technology, and for its defence. But China controls the supply, from mining all the way through to the end use stage. Beijing has begun to wield this strategic influence, raising questions about Europe's need and ability to find its own critical minerals. In this episode of Business Beyond, we look at how China conquered the market and ask if there is any way Europe can develop strategic independence. For more on the experts we spoke to: Jens Eskelund, President, European Union Chamber of Commerce in China Julie Klinger, University of Delaware, author of Rare Earth Frontiers Matthias Rüth, Founder and Managing Director of Tradium Manfred Wilde, Mayor of Delitzsch, 2008 - present Darren Wilson, Senior Vice President of Special Products at LKAB For more news go to: http://www.dw.com/en/ Follow DW on social media: ►Instagram:   / dwnews   ►TikTok:   / dwnews   ►Facebook:   / deutschewellenews   ►Twitter:   / dwnews   Für Videos in deutscher Sprache besuchen Sie:    / dwdeutsch   Subscribe: https://www.youtube.com/user/deutsche... #europe #china #rareearths #businessbeyond