China's New Rare Earth Policy Shakes Global Tech Industry

China just expanded its already tight restrictions on export of technology related to refining rare earth minerals. The most recent restrictions involve technology for making rare earth magnets which are used in electric motors and generators. These minerals are also used extensively in the automotive industry and in consumer electronics such as cellphones. I have previously written that the clean energy economy is a metals energy economy, and rare earths constitute a substantial and key part of that metals energy economy. Export of rare earth…