I'll readily admit that I'm not 100% sure that I understand what rare earth elements are all about. While driving around on vacation, I listened to most of this On Point radio show about them, and I'm still a bit dodgy about which elements they are, why they're useful to us, and why the heck China apparently owns all of them.
What I do know, however, is that loads of politicians and talking heads say that rare earth elements are desperately important to loads of our defense and manufacturing sectors and that China apparently has the entire world of rare earth elements in the palm of their hand.
So says that 2015 Risk List, ranking the relative risks to our supply chains from disruptions in various element production.
What I do know is that we need to get us some of that there reform.
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