Chinese rare earth metals need to be shipped via train from Russia to Europe
🇪🇺 Chinese rare earth metals need to be shipped via train from Russia to Europe.
But will it be that easy? While Ukraine’s allies ponder whether they should provide the country with modern tanks in order to defend itself from invading Russia, the European Union is weighing its options. Currently, the Russian Railways cargo route remains the most crucial route for the European rare earth elements industry and does not fall under the sanctions imposed against Russia. Chinese tungsten mines account for more than 83% of world production, and Russia could retaliate against European movements to assist Ukraine by increasing the costs of transporting those goods to the EU.
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