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Discussion Starter #1 (Edited)
For the first time last week I heard a shocking news report that as of today, China has control of more than 90% of the world’s rare-earth minerals.

What does this mean ? The Chinese will have a monopoly on magnets, similar to the Middle East control on Oil.

That could be bad news in the progress of the Electric Vehicle movement. Considering that all present traction motors in Electric Vehicles contain magnets. Controlling and restricting the magnet market could give China a strategic advantage and control of the entire EV market. :eek:

FYI: http://www.dailytech.com/China+Quietly+Looks+to+Strangle+US+Japanese+EV+Production/article19951.htm

Google: china controlling magnets
 

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Tell you what, anytime you want magnets I'll sell you the ones out of my motor. :cool: The "rare materials" used are steel and copper. Most EV motors use electromagnets, not exotic materials permanent magnets.
For the first time last week I heard a shocking news report that as of today, China has control of more than 90% of the world’s rare-earth minerals.

What does this mean ? The Chinese will have a monopoly on magnets, similar to the Middle East control on Oil.

That could be bad news in the progress of the Electric Vehicle movement. Considering that all present traction motors in Electric Vehicles contain magnets. Controlling and restricting the magnet market could give China a strategic advantage and control of the entire EV market. :eek:

FYI: http://www.dailytech.com/China+Quietly+Looks+to+Strangle+US+Japanese+EV+Production/article19951.htm

Google: china controlling magnets
 

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China has cut back rare earth quotas causing price rises.

Rare-earth mineral production is focused almost entirely there because of traditional cheap labor costs and lax environmental protection. There's a PBS story about the conditions and the market.

Other territories are seeing an increase in rare earth development, for one, "Nechalacho" by Thor Lake in the NorthWest Territories, Canada. It looks promising but it is still estimated to be 5 years away from production.
 

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It is true that China currently supplies 97% of the rare earth metals, but they do NOT have even a majority of the reserves, much less 90+ percent. Back in the 80s they started selling RE metals on the spot market for much less than anybody else - not having to worry about the environment or safety can really cut costs in mining! Naturally, they soon cornered the market. The problem, now, is that China's internal demand for these metals is growing and rather than gradually divert more of them to their own domestic use, they totally shut off supply to the rest of the world. The result, predictably, was a spike in the futures while the spot price went hyperbolic. Tsk-tsk... why is it we never seem to learn that monopolies are a Bad Thing?

As a direct result of this strong-arming, US producers of RE metals (e.g. - Molycorp) have been "strongly encouraged" by the government to reopen their long-shuttered mines as it is never smart to rely on a potentially hostile exporter for strategically important commodities. Oh wait... we already do that with oil! :rolleyes:
 

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For the first time last week I heard a shocking news report that as of today, China has control of more than 90% of the world’s rare-earth minerals.

What does this mean ? The Chinese will have a monopoly on magnets, similar to the Middle East control on Oil.

That could be bad news in the progress of the Electric Vehicle movement. Considering that all present traction motors in Electric Vehicles contain magnets. Controlling and restricting the magnet market could give China a strategic advantage and control of the entire EV market. :eek:

FYI: http://www.dailytech.com/China+Quietly+Looks+to+Strangle+US+Japanese+EV+Production/article19951.htm

Google: china controlling magnets
even if it were true, which its not, who cares? China is not the middle east, and electric motors use copper windings.

I wonder what the motivation of joining this forum and making this your first post was? Actually, I don't, its quite clear, To spread doubt with misinformation.
 

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Discussion Starter #9
even if it were true, which its not, who cares? China is not the middle east, and electric motors use copper windings.

I wonder what the motivation of joining this forum and making this your first post was? Actually, I don't, its quite clear, To spread doubt with misinformation.
Resago,

No reason to be rude !!!

I just posted a link to an article that I "read", I did not "write" the article !!!http://www.dailytech.com/China+Quietly+Looks+to+Strangle+US+Japanese+EV+Production/article19951.htm

In that article they were referring to production HEV's that use Permanent Magnets (PM) for On-board extended range charging.

BTW: I have been a member of this forum for over a year, and have read this forum for several more years than that.

Why so paranoid !!! :confused:
 

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Resago,

No reason to be rude !!!


BTW: I have been a member of this forum for over a year, and have read this forum for several more years than that.

Why so paranoid !!! :confused:
Well, we have had a lot of recent activity with spammers on this forum as you will probably be aware. Your very first post was a news article posted in the conversions and builds forum. You may have been a passive member of the forum for a while but people reading your first post couldn't possibly know that you are actively reading.

Most members who aim to be active on the forum tend to introduce themselves and tell the forum a little about why they are here and what they hope to gain and/or contribute.

I hope that explains a little as to why there may be concern about the nature of your first post.

In the meantime, why not take the opportunity to break the ice and introduce yourself?:)
 

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Discussion Starter #11 (Edited)
Well, we have had a lot of recent activity with spammers on this forum as you will probably be aware. Your very first post was a news article posted in the conversions and builds forum. You may have been a passive member of the forum for a while but people reading your first post couldn't possibly know that you are actively reading.

Most members who aim to be active on the forum tend to introduce themselves and tell the forum a little about why they are here and what they hope to gain and/or contribute.

I hope that explains a little as to why there may be concern about the nature of your first post.

In the meantime, why not take the opportunity to break the ice and introduce yourself?:)
Hello Woodsmith,

Sorry about posting on the wrong thread.

To introduce myself, I have worked in the Automotive Industry for the past 25 years designing Automotive Electronics.

I have a passion for “Detroit” muscle cars. The reason I follow this forum is because of my interest in converting a muscle car into a performance PEV. This forum has a good mix of DIY’er amateurs and professionals alike.

Recently, the college I have been attending was given a grant to build an Electric Vehicle and I was asked to participate on the project. The Project team is in the planning stage to build a “PEV Roadster”. Several Tier1 Automotive Suppliers have also volunteered to donate new equipment for this project including a new AC traction motor and inverter.

I see change coming in the Automotive Industry, not just talk of Electric Vehicles.

S2pro
 

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That's excellent news! Do you think your college will allow any of the development to be shared on the forum? I am sure there will be a lot of interest.

I agree that the industry is begining to have a real interest in developing EVs, regardless of their long term goals or if they are just following a fashion, as it is the way things are going.

I love the idea of seeing more 'muscle cars' being EVs as it blows away the idea of 'slow and boring'.
 

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Discussion Starter #13
That's excellent news! Do you think your college will allow any of the development to be shared on the forum? I am sure there will be a lot of interest.
I'll keep you informed; they are talking about setting up a website for the project.
 
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