Posted on 05/20/2019 10:30:55 AM PDT by SeekAndFind
Oh, wait - none of those three useless piles of dog squeezins did a thing about it...
More up to date information
http://web.mit.edu/12.000/www/m2016/finalwebsite/solutions/deposits.html
Rare Earth mines are important but China really wants 5G and wants it all.
This is a shakedown to try and fracture Intel-Apple-Qualcomm.
It won’t work this time.
1. Initiates domestic and other sources bringing more money back home and cripples Chinas position as what is the worlds present primary source.
2. Decapitates Difichispy and some fellow travelers.
Seems Trump & crew have already thought this through.
SO was he..........................
WHERE did we get rare earths - before China?
(cough) The United States
Recently opened. Mountain Pass in the USA
China has dominated rare earth mining since the 1990s, accounts for over 95% of the world’s production of rare earths. Therefore, having control of these elements puts China at a powerful position.
We know that Rare earths are ‘critical’ to dozens of high-tech industries, from solar panels and electric vehicles to guided missiles and jet engines...smartphones, large motors in wind turbines etc. etc.....We’re talking about tens if not hundreds of billions of dollars worth of industries that are potentially affected by rare earths.”
When China cut back sharply on REE exports in 2010, it triggered a global price spike, that exposed the superpower’s monopolistic grip on materials that are critical to dozens of high-tech industries.
America imported around 12,600 metric tons of rare earth compounds and metals in 2016, and nearly all of it originated in China. Although the US buys certain compounds and components from countries like Japan and France, the raw minerals for most of those imports come from China.
I just changed from buttons to zippers
Australia
Why no US production???
The China was bribing them way back. John Glenn was one of two senators that blocked inquiries into Bill Clinton's China donations.
For which Glenn got a ride on the SST.
Thanks SeekAndFind.
I'd call it a premeditated decision from the hidden hand of a global control cabal.
All this so called stupidity, has been done with the deliberate and express intent to destroy our nation.
Very difficult to mine and make a profit....plus regulations would also add to the expense...China just digs it up with no thought to regulations or danger to it’s peoples.
I remember a country that did exactly this in the 70’s - cut off a strategic resource and tried to leverage that into political control. Oil. Which we are now exporting as a consequence. Yes, prices will go up for a time, but we won’t be paying them. And then prices will come crashing down.
EPA regulations??
Rare earth mining is any easy target for environmentalists to take aim at because its waste products are so visible.
This is primarily because you have to move and process a lot and I mean a lot of material to get a thimble full of rare earths. Obviously the Chinese don’t care what environmentalists say and aren’t upset with the unsightly waste piles. The industry chose the path of least resistance. Do it in China where they are not going to sued and picketed every time I turn around. Of course there are national defense issues with that choice, something the Clintons & Zero don’t give two hoots about!
well buy as many as you can cuz we’re runnin out of zippium too
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.