Group 1 - The G7 and the EU are planning measures to restrict China's rare earth resources, including setting a minimum price threshold, considering tariffs on Chinese rare earth exports, and studying carbon tariffs on China [2][3] - The G7's previous attempt to impose a price cap on Russian oil in 2022 was largely ineffective, as Russia managed to circumvent the restrictions and maintain stable export levels [2] - China dominates the global rare earth industry, controlling 60% of rare earth minerals and 92% of refining capacity, making it a critical player in strategic industries like renewable energy [2][3] Group 2 - The complexity of the rare earth supply chain poses challenges for Western countries attempting to rebuild their own industries, with significant technical and time constraints [3] - The G7's approach reflects a rigid policy mindset, failing to learn from past mistakes and relying on administrative measures that may disrupt market dynamics [3] - Experts suggest that China's established advantages in technology, cost, and scale in the rare earth sector make any artificial price interventions unlikely to succeed [3]
眼馋中国稀土却无计可施,G7开始耍阴招,准备对华下达稀土限价令