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Why are rare Earth metals important?

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China's Shutting Down of Rare Earth Metals to Japan

Lomonika: A rare earth mine in California shut down in 2002, but they're bringing it back. She says China is building a windmill network that requires more neodymium than the country produces. Lomonika: The rest of the world has been worried about losing one supplier for this material. It may or may not be politically motivated, she says.

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