Play from 4:55
"some people have made a projection that
if the U.S wants to revive the rare earth industry chain, it will take at least 8 to 15 years. Even if the U.S is determined to do this, when he re-films the development of rare earth industry he also faces two serious problems:
1) China holds more rare earth-related patents than all countries in the world combined. The Americans will face a lot of patent blockade to revive the rare earth industry.
2) China's Rare Earth purification and smelting
technology is already undoubtedly the world's first. China is already in the lead and after another 8 to 15 years in another 8-15 years when the Americans catch up, it is likely that the iteration of technology has been changing day by day. "
I think the next big news story from Ucore we should be waiting on is not results of HREE in 4 months, but news on their patent application, which should be sooner.
Will Rapidsx's patent be able to break the "Patent Blockade", which the CCP mentions in point 1 in this video? Dragon once commented that he felt it likely that China would claim Rapidsx as a patent infringement.
Sincerely,
Rapidsx1