This is CBS Eye on the World.

Here's John Batchelor.

To Gregory Copley, editor and publisher of defense and foreign affairs, the author of the new book, Noble Cause.

We turn to Australia, Western Australia, headquartered at Perth, and rare earths.

As I've been taught to say, not so rare except, Gregory, a very good evening to you.

Show me a report by a colleague of yours, David Archibald out of Perth, about rare earth,

not just in Australia, but worldwide. And how it is we came to a

place where the People's Republic of China, in its belligerence, decided to threaten the whole

world with withholding what it has of rare earth manufacturing in Inner Mongolia, I believe, to withhold it and starve down

the high-end businesses that depend on rare earths for electronics. Of course, this would have a

style of damaging the Chinese economy even more than it's been damaged by the Communist Party,

but still the threat was real.

And Mr. Trump, on his most recent embassy and other conversations around the world,

identify that we have now an effort to offset the Chinese monopoly with development of rare

earth creation, mining, and production around the world. There will be a lag.

David Archibald, in presenting this information about all these rare earth, was this unknown

before Gregory, or was it just a, what you'd have to say is a moment where the leaders of the West

never thought that the Chinese

withhold it. Is there a rational explanation for how the world came to be hostage to Chinese

pouting? Good evening to you. Good evening, John. And yes, the answer to why the world became

hostage to the People's Republic of China is in one word laziness.

The reality was that, as President Trump has recently acknowledged, you know,

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