Neither earth, nor rare

Commodities

China and the West argue about the rare earths. This weekend, even the U.S. Secretary of State Clinton has therefore dealt with the Chinese. But depending on how the companies are really in this country?
By Jan Grossarth

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Rare earths from China: Low environmental and safety standards made possible the cheap extraction of metals
31. October 2010 Rare Earth was a rock band and the 1969 "I'm Losing You" sang. The song titles fit the current lamentations from industry about the shortage of the rare earths. "The situation is very serious," said the entrepreneur Ulrich Grillo, Chairman of the resource-policy committee of the German industry association BDI. Even the existence of some companies is at risk. The rare earth account for only a thousandth share of raw materials for industrial products such as electric cars, wind power rotors or mobile phones, but are essential. The good news is that rare earths are not uncommon. It will only take a certain time until they are well beyond China dismantled in significant amounts.

Second commodities dialogue

 Second commodities dialogue of the Federal Economics Minister: "We need raw materials so that we do in Germany from top ideas top products in the future!"
Federal Brüderle with Rainer Ulrich Grillo, Chairman of the Commodity Committee at the Federation of German Industries (BDI), president of the trade association metals (WVM) and CEO of Grillo-Werke AG
Federal Brüderle with Rainer Ulrich Grillo, Chairman of the Commodity Committee on Federal Association of the German Industry (BDI), president of the trade association metals (WVM) and CEO of Grillo-Werke AG
© BMWi
Under the direction of the Federal Minister of Economics and Technology, Rainer Brüderle, was held today in Berlin, the second raw dialogue. Therein attended high-level representatives of associations, enterprises and trade unions. In addition to the Federal Ministry of Economics and the Foreign Office (AA) and the Ministry for Economic Cooperation and Development were (BMZ) represented.
Federal Minister Brüderle: "We need raw materials so that we do in Germany from leading ideas in the future leading products. The only way to remain value-added and jobs in the country. Take for example the electrical mobility, where Li is an important raw material for the batteries. However, there are increasing signs that a safe and well predictable supply of raw materials becomes an increasingly challenging. This, for example, the price jumps illustrate the iron ore. It is therefore right that we meet more than a month after the first commodity dialogue for the second time. We do not only clear how seriously we are the topic. Above all, we get as valuable input for the new commodity strategy that I intend to present in autumn. "

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