Open AccessTHE INFLUENCE OF CHINA ON THE GLOBAL MARKET AND RUSSIAN PRODUCTION OF SCIENCE-INTENSIVE RARE EARTH PRODUCTS
Author(s) -
V. A. Yatsenko
Publication year - 2019
Publication title -
interèkspo geo-sibirʹ
Language(s) - English
Resource type - Journals
ISSN - 2618-981X
DOI - 10.33764/2618-981x-2019-3-1-274-280
Subject(s) - rare earth , china , production (economics) , consumption (sociology) , earth (classical element) , business , world market , natural resource economics , commerce , international trade , economics , earth science , political science , social science , physics , sociology , law , mathematical physics , geology , macroeconomics
The present article analyzes the influence of China as a monopolist in the global rare earth market its production and consumption, supply chains and added value of science-intensive rare earth products. Russian projects of rare earth production are considered. One of the main theses is confirmed: that rare earth metals have become a global economic and political instrument.