How to prevent trade imbalance of Rare Earth Elements

Since China reduce the export production, each government start to think their way without importing Rare Earth Elements from china. Individually, each government supports that people try to recycle their electronic goods which contain rare earth elements. Some people call this urban mining. It raises the efficiency of using natural resources. According to Natural Institute for material Science in japan, they investigate to extract the natural resources from electronic goods which stop to use. Especially, there are 400g of Rare Earth Elements in cell-phone which people stop to use. So, they can recycle this Rare Earth Elements to other areas such as rechargeable batteries, new cell phone, and much more. Also, New Energy and Industrial Technology Development Organization try to investigate electronic car without using Rare Earth Elements. As I said in the speech, Rare Earth Elements are essential to produce electronic cars. To reduce dependence of Rare Earth Elements, people and government keep investigating about Rare Earth Elements. These efforts will increase the conformity against Chinese government’s export reduction and help to develop new technology.