China announced last week that it would cut 2011 rare earth exports by 35 percent. Is China using its virtual monopoly over rare earth metals to exert some sort of "soft power" over the international community?
What is rare earth and why is it so important? The term is used collectively to describe a group of 17 heavy metal elements near the bottom of the periodic table. The elements include yttrium, neodymium, erbium, and lathan...
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