US, EU and Japan blame China for their failures to produce rare earth metals

 Sahit Muja: Albanian Minerals, New York

Sahit Muja: US, EU and Japan blame China for their failures to produce rare earth metals.

The United States, the European Union and Japan filed a case at World Trade Organization against China over its restrictions on exports of rare earth metals.

President Obama blames China for his failures. Mr Obama how about you work to put in place initiative and drive investment in rare earth metal industry and create jobs in the U.S.

Mr. Obama, it's time to stop blaming others and taking responsibility "Your failures are never your fault, they are always caused by others".

Many Americans don't realize the amount of misinformation that fills their heads. The endless blame for China in the U.S is so popular these days and Obama is sailing with the wind to get some votes in 2012 election.

There is no reason under the sun to continue the dependency on China. The U.S boasts the third largest reserves of rare earth metals in the world.

China says it curbed output and exports to conserve resources and protect the environment. China is contributing tremendously to the rare earth industry.
China, whose reserves only make up one-third of the world total, currently accounts for nearly 90 percent of the total global production.

The 17 rare earth metals include lanthanum, cerium, praseodymium, neodymium, promethium, samarium, europium, gadolinium, terbium, dysprosium, holmium, erbium, thulium, ytterbium and lutetium as well as scandium and yttrium.

Many of these minerals may be difficult to extract and refine, but they are not all that "rare.". The U.S., Russia, Australia, Canada and Albania have significant deposits of rare earth metals.

The U.S, has millions of tonnes of rare earth elements but it would take years to extract them.The US boasts the third largest reserves in the world after China
"Rare earth" is an alternative name for the lanthanides of the elements ranging from 57 to 71 – plus yttrium and scandium.

The elements are integral to modern life, and are used in everything such as electronics, magnets, defense materials, disc drives, hybrid cars, wind turbines, iPhones, flat-screen televisions, sunglasses to lasers and aircraft used by the military.

China controls 90 per cent of the world's supply and has been tightening its export quotas, sparking concerns in the U.S., Europe and Japan .
Environmental policies in the U.S., Japan and Europe has discourage the miners, thereby handing this monopoly to China

The United States and other nations can ramp up production and other infrastructure required for the mining and refining of these rare earth minerals.
Even if the WTO action is successful China will still have a monopoly .

There is no reason under the sun to continue the dependency on China. This is a strong case for returning investment to the United States.
There is a clear and present danger to our national security interest. We can and must supply our own needs. 

China's state-run Xinhua news agency on Tuesday said in a commentary that "Beijing will defend the nation's rare-earth industry, which involves the mining and processing of key minerals used in everything from consumer gadgets to electric cars to defense systems".
"It is rash and unfair for the United States to put forward a lawsuit against China before the WTO, which may hurt economic relations between the world's largest and second-largest economies:.

Sahit Muja
President and CEO
Albanian Minerals
New York