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Rare Earths: A Battle for Dominance

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The US used to dominate the global rare earths industry, but over the years lost its edge to China. It now wants to reduce its dependence on China for rare earths—the question is, how?

Learning Objective:

The case study allows students to:

  1. Examine the role of governments in supporting industries and the rationales of industrial policies in China and the U.S.
  2. Understand the effectiveness of different forms of industrial policies
  3. Investigate the interplay between industrial policies, environmental policies, trade policies and the role of the world trading system
  4. Understand the implications of industrial policies on individual companies

Year of Publication: 2021
Ref. No.: 20/681C
Discipline: Economics & Business Policy, Public Policy and Strategy
Industry: Materials
Country: China (People's Rep. of), United States of America
Company: MP Materials
Languages: English
Pages of Text: 10