I like Ran Paul, a lot. And, I think the point he’s trying to make here is worth listening to. But, there’s a lot of stuff buried on the African continent that is invaluable in a variety of industries.
Rare earth elements are called ‘rare’ for a reason and Africa - in a bit of irony - has some of the biggest deposits of them.
I think the De Beers family would disagree with Rand.
Japan just discovered a huge cache of scarce rare-earth minerals in the Pacific.
The US would be wise to partner with friendly Japan to secure our r/e needs
China is the world's biggest producer of rare earths.....but is hoarding them.