Question

Paraphrase this answers as these are all over the internet:::

1) China benefited the most for imposing an export quota on rare earth metals. China was the leading producer of rare earth metals. China set the import quota in 2010, they stated the reason for imposing the export quota is because some of their mining companies didn’t meet environmental standards. When they did this the prices of the rare earth metals increased outside of China putting foreign manufactures at a cost disadvantage. It was concluded that China did this to give the domestic manufactures a cost advantage so that foreign manufactures would move more production to China, so they could get lower costs of rare earth supplies. It did not increase the quality and environmental standards. China only imposed quotas for their own benefit. They did not put the quotas in place because of their mines not meeting the environmental standards.

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The groups that benefited the most from China imposing an export quota on rare earth metals are the Chinese manufactures. Yes, the export quota did give Chinese domestic manufacturers a significant cost advantage because it encouraged foreign manufactures to move more production to China so that they could get access to lower cost supplies of rare earth metals. China has cited “environmental” concerns as the reason for the export quotas. That is less implausible than it sounds. Rare earths are dangerous and costly to extract responsibly; China's techniques have been anything but. It has deposits in two regions: Inner Mongolia, where rare earths are a by-product of iron-ore production, and in the south of the country, where they are found in various clays. Although the extraction process in each location differs, they share a need for highly toxic chemicals. Horror stories abound about poisoned water supplies and miners. No, it did not dramatically increase the quality and environmental standards because that was not China’s main goal.

2) ////More limitations have been associated with the production of the metal than the good in it. Depletion and exploitation of the environment is a state that takes long to reinstate to normality. I addition to this, mining of the metal has been associated with toxic acids that are harmful to mankind. Another vital limitation is the increased cost of production. With all this limitations, countries such as Canada, Australia and United States should reconsider environmental conservation to production of the rare metal despite the huge units of production between the 1990s and 2010.

//// I don't believe that Australia, Canada and US should reconsider their environmental restrictions on products of such metal. China is not considering the fact the increasing the mining of earth for these metals will just strain the natural resources that will deplete quickly and soon there will be nothing left for mining. Mining at such high rate will have an adverse effect on the environment as well as humanity will have to bear the eventual effect of this tension. Natural resources are important but it should also be considered that mining these have the potential to have a negative effect on the environment. Potential sources of concern are: air quality, water quality and aquatic ecosystem, soil quality and terrestrial ecosystem, and noise pollution.

3) ////Yes, the alternative to look for substitutes for the rare earth materials is a good move by many of the companies as this would decrease their dependency on one kind of material only. The option for bringing in a substitute will also result in lower production costs as the cost of the rare materials has increased significantly, following export restriction from China. As China accounted for around 80 percent of supply of the rare earth metals, thus it shows that the companies using rare earth material relied heavily on China for the raw material. This also increased the risk of not being able to get the raw material supply in case of any unforeseen exigency. Any natural disaster or any other happening may block the supply of raw material, which would eventually affect the production of various companies. Thus, it is quite appropriate to look from some other substitute, as it will decrease the dependency of providing of raw material from China only and at the same time it will also result in the reduction of cost of manufacturing of the product. /////

As discussed earlier, too many limitations or rather negativities have been associated with the production of the metal. The rectification of these negativities consumes a lot of time.in this case, the option decided to be taken by some of the leading automobile companies can be the best option.to invent an alternative material that will be used in production instead of the use of the rare metal. From the analysis, the alternative chosen by the companies such as Renault, Toyota and tesla is a good solution and more preferable to mining the rare metals.

Answer 1

1) China profited the most to force a fare standard on uncommon earth metals. China was the main maker of uncommon earth metals. China set the import portion in 2010, they expressed the explanation behind forcing the fare quantity is on the grounds that a portion of their mining organizations didn't fulfill natural guidelines. When they did this the costs of the uncommon earth metals expanded outside of China putting remote fabricates at a cost inconvenience. It was reasoned that China did this to give the local makes a cost favorable position with the goal that remote fabricates would move more generation to China, so they could get lower expenses of uncommon earth supplies. It didn't build the quality and natural models. China just forced standards for their very own advantage. They didn't set up the amounts due to their mines not satisfying the ecological guidelines.

The gatherings that profited the most from China forcing a fare portion on uncommon earth metals are the Chinese produces. Indeed, the fare quantity gave Chinese residential makers a huge cost favorable position since it urged remote fabricates to move more creation to China so they could gain admittance to bring down cost supplies of uncommon earth metals. China has refered to "ecological" worries as the explanation behind the fare shares. That is not so impossible. Uncommon earths are perilous and expensive to separate capably; China's strategies have been definitely not. It has stores in two areas: Inner Mongolia, where uncommon earths are a side-effect of iron-metal creation, and in the south of the nation, where they are found in different muds. In spite of the fact that the extraction procedure in every area varies, they share a requirement for exceedingly poisonous synthetic compounds. Frightfulness stories proliferate about harmed water supplies and excavators. No, it didn't significantly build the quality and natural norms since that was not China's fundamental objective.

2) More impediments have been related with the generation of the metal than the positive qualities in it. Consumption and abuse of the earth is an express that takes long to restore to typicality. I expansion to this, mining of the metal has been related with poisonous acids that are hurtful to humanity. Another indispensable impediment is the expanded expense of creation. With this restrictions, nations, for example, Canada, Australia and United States ought to reevaluate natural preservation to creation of the uncommon metal in spite of the enormous units of generation between the 1990s and 2010.

I don't trust that Australia, Canada and US ought to reexamine their ecological confinements on results of such metal. China isn't thinking about the reality the expanding the digging of earth for these metals will simply strain the regular assets that will exhaust rapidly and soon there will be nothing left to mine. Mining at such high rate will adversy affect the earth just as mankind should bear the possible impact of this pressure. Regular assets are vital however it should likewise be viewed as that mining these can possibly negatively affect nature. Potential wellsprings of concern are: air quality, water quality and amphibian biological community, soil quality and earthly environment, and clamor contamination.

3) Yes, the choice to search for substitutes for the uncommon earth materials is a decent move by numerous individuals of the organizations as this would diminish their reliance on one sort of material as it were. The alternative for getting a substitute will likewise result in lower generation costs as the expense of the uncommon materials has expanded altogether, following fare confinement from China. As China represented around 80 percent of supply of the uncommon earth metals, in this way it demonstrates that the organizations utilizing uncommon earth material depended intensely on China for the crude material. This additionally expanded the danger of not having the capacity to get the crude material supply if there should arise an occurrence of any unexpected exigency. Any catastrophic event or some other happening may obstruct the supply of crude material, which would in the end influence the generation of different organizations. Accordingly, it is very fitting to look from some other substitute, as it will diminish the reliance of giving of crude material from China just and in the meantime it will likewise result in the decrease of expense of assembling of the item.

As examined before, an excessive number of constraints or rather negativities have been related with the generation of the metal. The correction of these negativities expends a ton of time.in this case, the choice chose to be taken by a portion of the main vehicle organizations can be the best option.to concoct an elective material that will be utilized underway rather than the utilization of the uncommon metal. From the examination, the elective picked by the organizations, for example, Renault, Toyota and tesla is a decent arrangement and increasingly desirable over mining the uncommon metals.