America did 'Rare Earth' deal with this neighboring country of China, Dragon flared up, know what it is?

America News: China, which is engaged in blackmailing the world including America regarding Rare Earth, has suffered a major setback. America has made a big deal with China's neighboring country Mongolia. America will now buy rare earth metals from Mongolia on a large scale, which is being called 'new gold' in today's era. Tech war is currently going on between America and China and if it increases in future then the supply of rare earth may stop.

What is 'Rare Earth'

'Rare Earth' are minerals. These are important minerals used in the manufacture of military weapons and electronic equipment. This is the reason that both the US and Mongolia have now agreed to mine Mongolia's rare earth reserves and important minerals. The supply of these minerals is very important for America's tech industry. China is currently the world's largest exporter of rare earths. China produced 2.10 lakh tonnes of rare earth last year. China also has 44 million tonnes of reserve reserves. Vietnam comes next after China. Whereas Mongolia has 31 million tonnes of rare earth reserves. 

America is increasing contact with Mongolia, China infuriated

America is increasing contact with China's neighboring country Mongolia. In this regard, Chinese experts say that Mongolia did not pay attention to China's concern while making a deal with America for Rare Earth. The Mongolian PM had arrived in the US on August 1 at a time when China had banned the export of gallium and germanium. It is believed that now China can use Rare Earth as a weapon. In view of this, America has now made a big bet in China's neighboring Mongolia. Mongolia now wants to approve Elon Musk's Starlink, which has badly infuriated China.

Mongolia is a neighbor of both China and Russia and has great potential to be an exporter of rare earth metals, but it is struggling with a lack of money and equipment. Now Mongolia has made an 'open sky' agreement with America. According to media reports, it is believed that China and its experts are furious after this deal. They say that this has turned water on China's plan under which it had planned to ban the export of rare earths in response to America's ban on technology.