You talk about these rare earth minerals, in particular these metals and other things you dig out of the ground, we don't see it, but it's embedded in everything from that iPad to our defense contractor. China controls 80 something percent of the global market in terms of the export [of rare earth minerals]. If tomorrow China decided we are going to deny US defense contractors these elements, heavy rare earth elements, it would shut down defense contract. We would not be able to make. (03:51–03:56)
CLAIM
Asserts that China dominates the global export market for rare earth minerals.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
