Not long ago, the top management of Mongolia visited the United States and said that it could supply rare earths to the United States, which made the United States very happy. However, in the past few months, Mongolia suddenly announced the cancellation of rare earth orders. So what caused Mongolia to do so?
Mongolia is an important rare earth deposit country in the world. It is understood that Mongolia’s rare earth deposits account for about 20% of the world. It can be said that Mongolia is also a country with large rare earth deposits. Therefore, it is trying to seize the global market by taking advantage of China’s current restrictions on rare earth exports. understand.
However, rare earth extraction is a high-tech job. China’s rare earth extraction patents account for more than 70% of the total. The advantages of rare earth extraction technology accumulated over the years have made it necessary for the world to extract rare earth deposits in China. As a result, the world Nearly 90% of rare earths are produced in China.
Mongolia's own industrial foundation is very weak, it mainly relies on animal husbandry, it is extremely difficult to suddenly try to develop the rare earth refining industry, and the United States itself does not have strong rare earth refining technology, and it is difficult for the United States to quickly provide Mongolia with relevant This led to the fact that after Mongolia proposed a rare earth export plan, it soon discovered the problem of rare earth extraction and died down.
In fact, in addition to the technical problems of rare earth extraction, Mongolia is still a landlocked country. It is completely surrounded by China and Russia. It is abnormally high, which is not good for its development of export industry.
The failure of Mongolia’s rare earth export plan is undoubtedly another major blow to the high-tech industry of the United States. The United States has encountered difficulties in the rare earth substitution and rare metal substitution plans that the United States is trying to promote. After China restricted the export of gallium and germanium, it was reported that The United States hopes to purchase Canadian scrap and recycle rare metals such as gallium and germanium, which shows how much China's restrictions on the export of rare earths and rare metals have affected it.
The U.S. is so eager to find replacements for rare earths and rare metals because these raw materials have a key impact on technologies such as aerospace and advanced chips. Rare earths can enhance the durability of fighter jets and space shuttles, and gallium is the third and fourth generation. As the key raw material for next-generation chip materials, germanium has a decisive impact on night vision goggles, aerospace materials, etc. Now that the replacement plan is frustrated, these industries will be affected.
This also reflects that China restricts the export of rare earths and rare metals, and has truly achieved the neck of the US high-tech industry. It shows that China is not without cards. The United States blindly suppresses Chinese chips with advanced chip technology. The truth is within the range of the cannon, and China has a bargaining chip that can check and balance the United States, so that the United States can seriously sit down and talk.
In fact, after China's chip industry was restricted by the United States, it did not sit still and actively developed the domestic chip industry chain. Since last year, the revenue of the domestic chip equipment industry has soared by more than 50%, and some chip equipment companies such as NAURA have doubled. It shows that the development of domestic chip equipment is accelerating, and domestic chip equipment is used to replace American chip equipment. This also prompts people of insight in the United States such as Bill Gates to point out that US restrictions on the supply of Chinese chip equipment cannot prevent China from developing advanced chips.
I believe that China's chip industry will develop further, and the US will eventually be torn off the rope of China's chips, while China's restrictions on the export of rare earths and rare metals will delay the development of high-tech technologies such as US chips, and provide time for China's high-tech to catch up quickly. and space to shorten the gap between the two sides.