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November 20, 2010

Europe Joins the Resource Wars

Axel Bojanowski, Der Spiegel

AP Photo

European companies are facing serious shortages of vital raw materials. China is holding back the export of rare earths, which are needed for high-tech products. A new EU strategy paper, which has been obtained by SPIEGEL ONLINE, seeks to address the resource crunch. But critics say it does not go far enough.

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TAGGED: Resource Wars, Europe

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