Biden's plan to stop mining critical minerals 'irresponsible'

Washington Examiner ^ | 05/28/2021 | Abby Smith

[Rusty0604]

Relying on foreign allies for critical minerals supply instead of mining domestically would be an “irresponsible” and “dangerous” policy for the Biden administration to pursue, a top lithium executive says.

Calaway was responding to a report that said the Biden administration, in a move to appease environmentalists, would focus on building a domestic industry to process critical minerals rather than exploring opportunities to mine in the U.S.

Those technologies are more mineral-intensive. The International Energy Agency recently projected the world’s appetite for critical minerals could grow by as much as six times in the next two decades. A typical electric car requires six times as many minerals as a gas-powered car, the IEA said.

The U.S., however, has little domestic supply of critical minerals. Much of the world’s production and processing is dominated by China.

[Rusty0604]

I agree. When Biden halted oil extraction on Federal lands, it didn’t hurt Texas, as we have so little federal land and our oil extraction is on private land. New Mexico, is hurting. I wonder if NM is sorry they went for Biden?
I think there was some fraud in PA, the cities, so sorry the rest of the State is paying for it. Actually, if you have mineral resources the whole country is paying.

[Rusty0604]

Especially here on the border.