Chip Somodevilla / Getty ImagesThen-President-elect Joe Biden speaks during an event to announce new Cabinet nominations at The Queen theater on Dec. 11, 2020, in Wilmington, Delaware. (Chip Somodevilla / Getty Images)
A new report suggests that China is considering the idea of banning the export of rare-earth minerals to countries it deems a threat. If only someone could have warned us.
Of course, some may remember that just a few short months ago, a prominent political figure did warn of this problem. That figure was former President Donald Trump.
In October, Trump declared a national emergency in the mining industry in an executive order “aimed at boosting domestic production of rare earth minerals critical for military technologies while reducing the country’s dependence on China,” according to Defense News.
For those who are not familiar with rare-earth minerals, Defense News defined them as “a group of 17 minerals