China, which has been blocking shipments of crucial minerals to Japan for the last month, has now quietly halted some shipments of those materials to the United States and Europe, three industry officials said this week.
Here is another perspective from Paul Krugman.
This indicates what the future will hold for the West. Not only do we depend upon unstable/unfriendly countries for energy, but now we also must worry about minerals essential to our way of live.
And keep in mind that as we all rush to lithium ion batteries, the countries with the largest stocks of lithium are such places like Bolivia and Afghanistan, among others.
“Let China sleep, for when she awakes, she will shake the world.” -Napoleon