Watch and learn
> China – which produces 90 per cent of the world’s supply ... now has just 30 per cent of the world’s reserves
It seems to me they've been reading up on the history of OPEC and realised that there is a long (if not honourable) history of leveraging the supply and demand equation for their
environmental reasons national profit.
Luckily for the chinese, it appears they are immune to the fate that befalls other countries who get in the way of " ... US workers and manufacturers [desire for] access to raw materials". I just wouldn't like to be in the shoes of whoever is sitting on top of the other 70% or the world's reserves.