What was the country a few years ago that was trying to corner the ‘rare earth’ elements?
China has it locked up at this moment but about a decade ago an Australian mining firm tried to open up Indonesia. That country has sizable rare earth deposits and the Ozzie firm spent a billion dollars developing the site and necessary infrastructure.
Once the enviros got wind of it they staged major protests and intimidated the Indonesian government to back down and rescind the permits. The company had to write off the entire project.