After losing China 654.38 billion+06.6 billion, Australia took rare earth action mainly to protect the rare earth supply of its allies. Rare earths are familiar to everyone. Because it is rare, it is expensive, and because it has many industrial uses, it is called "universal land" Many countries need the supply of rare earths. China is one of the countries with the most rare earths, and Australia also accounts for the majority.

Some time ago, Australia cancelled the rare earth supply contract with China, and then signed a corresponding agreement with Germany. But this year, China also signed a corresponding agreement with Greenland, amounting to about 654.38+066 billion, which means that Australia has lost an opportunity to become a source of iron ore supply in China. It also issued relevant statements to ensure the supply of rare earths in Britain and the United States.

However, Australia's iron ore production this year has been in a downward trend. If it wants to supply its allies and cut off China's cooperation, its own form has reached a very severe moment, but it is still ready to help others. The final result is bound to end in failure. Due to insufficient supply, the export volume of iron ore has been gradually declining this year. Because the main step of rare earth is not mining, but a series of technologies to be carried out later, it is not very mature for Australia, and only China can better supply rare earth.

Of course, whether it is iron ore or some related materials, China is undoubtedly a very important existence for Australia. It has cut its own path, and it will be very difficult to cooperate with China in the future. It is constantly breaking through your bottom line and embarrassing yourself.