Yes, mine, baby, mine.
Let’s NOT mine them in the USA - let’s instead get them from Ukraine, where a war is occurring and the mines don’t even exist yet!
The first is harvesting and protection. That would include, mining, logging, fishing, farming and such. Protection includes everything from hired guards to a formal military.
Second level is manufacturing or processing.
Third is retail. Restaurants, stores and other services.
Fourth is investment.
The third and fourth tier produce the highest return but unless you have the first two tiers they will collapse.
The Western Basin, centered mostly in Nevada and Utah, is a basin that does not allow water to leave and it just evaporates on the flat salt pans between the mountains holds vast deposits of rare earth elements and lithium. It is not mined because watermelon marxist globohomos have tried to make America dependent on other nations to limit our freedoms.
Sadly, Americans are ill-informed about rare earth minerals and the fact that there are known sources within the US, but their mining has been blocked by environmentalists and the EPA. To them, it’s better to send billions of US dollars to the Chinese and support their military than it is to disturb an area about the size of the LA Airport parking lot.
The Mountain Pass California mine is still operating and a company in DFW is processing the minerals. Even with all the BS red tape they are making a profit.
Earth First!
We’ll mine the other planets later.
The TDS Marxist Luddites don’t want the U.S. to use its own rare earth resources.
Google NIOCORP
It's actually over ten times that number. Those who invest in domestic extraction today, should see gains of 22,090% in five years. Watch President Trump carefully, as public land restrictions are lifted.
We like Third World countries to mine and process it as it can be very environmentally unfriendly to do it while being relatively cost effective. The US can do it, but at a much higher cost to do it cleanly.
This country could have – and should have – been mining large volumes of its own rare earths.
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Is that why Hillary Clinton sanctioned the sale of Uranium One to Russia’s Rosatom in 2010 in exchange for donations to the Clinton Foundation?
Thanks for posting....
FINALLY! Someone begins to grasp what I’ve been saying since this all started.
As I have been saying for months:
Once again: What is being discussed in this ‘Ukraine Minerals Deal’ are NOT really “Rare Earth Minerals”.
Some of the ones specifically mentioned in earlier political announcements and media articles are quite common. Others are uncommon in commercial quantities although common in disseminated concentrations worldwide. But NONE of them are actual “Rare Earth Minerals” (check a periodic table of the elements if you don’t believe me.
And even if they were some kind of really incredibly valuable and hard to find minerals, they are still in the ground and mostly only ‘theoretical’ deposits’ Few are actually being mined already. It isn’t like they are sitting in a warehouse somewhere, already mined and refined, and ready to be shipped to the USA.
Since they are still in the ground, (If any even actually exist), any future ruler of Ukraine could easily renege on the deal, and even if all agreements are honored in perpetuity, it will take years, maybe decades, to start any extensive mining and refining of them, and billions of dollars (American Taxpayer supplied Dollars, most likely) . And it would be our luck that after we pay to build the infrastructure (and rebuild the nation in general from the Russian destruction), and get things producing, the future rulers of Ukraine will nationalize them, and we will be screwed by Ukraine once again.
Kudos to President Trump for trying to get something out of our hundreds of billions given to Ukraine, but anyone who really expects us to actually get useful industrial raw materials out of this is dreaming. You’ll be lucky to get even a lump of Ukrainian Coal in your Christmas stocking.