Europe In The Rare Earth Trap: Up To 4 Million German Jobs At Risk As Beijing Tightens Submitted by Thomas Kolbe Rare earth elements have become geopolitical dynamite. According to a new analysis by consultancy McKinsey & Company, up to four million jobs in Germany are on the line if top supplier China imposes a permanent export ban. These critical minerals are indispensable to Germany’s high-tech economy: they’re used in precision sensors, specialized magnets, and control systems essential to engineering, defense, communications, and aerospace. Without them, a significant share of the country’s industrial value creation would grind to a halt.… — Continue at ZeroHedge News : Read More
