Maybe we should re-open the mines that “environmental activists” closed one by one?
Looks like closing those mines was a boon to China.
Lesson one. Never single source something that is critical to your business.
I imagine in this huge country of ours there are plenty of Rare Earth minerals but the EPA has made it too expensive tp mine them.
Afghanistan has large supplies of rare earth elements.
More than the Chicoms.
According to the CIA fact sheet. Fwiw.
5.56mm
Let China cut the sale of rare earths to the U.S.That will only encourage American prospectors to search for them here in the Conus.
China supplies the most because they do it the cheapest. Rare Earths are anything but rare.
Pebble Mine up in Alaska awaiting Fed. approvals. Some Rare Earths but one of the largest undeveloped Copper/Gold mines in the world. (As well as Quaterra-Groundhog undeveloped Copper/Gold mine just below Pebble):
https://www.northerndynastyminerals.com
There are two really large rare earth mines in the US. One in Mountain Pass, California, and one in Barringer Hill Texas, under a man made lake. But not all rare earth mines have the same rare earth minerals.
Rare Earth Elements and their Uses
https://geology.com/articles/rare-earth-elements/
The Mountain Pass Mine produces cerium, lanthanum, neodymium, and europium.
The Barringer Hill Mine, one of the greatest deposits of rare-earth minerals in the world, *could* produce fergusonite, gadolinite, polycrase, yttrialite, and cyrtolite. As well as several other very valuable minerals.
Why would we borrow trillions from them? Why would we allow critical machining, computer/hi-tech, manufacturing technology to flood out of this country to a country that considers the U.S. their adversary.
Why hasn't people like Bill Clinton been placed into custody for tech transfers to a communist country. Legislators, corporate leaders playing willy nilly with our intellectual property?
It's freakin messed up when a leader like DJT dares say, “America first, American workers first” and the D.C. / corporate establishment has a meltdown.
How do you fix declining revenues? Why refuse to sell another of your product lines of course. LOL
Next floor, basement...
The only reason China is the leading source of these minerals is their lax environmental and mine safety standard, which makes them a low-cost producer. The market will adjust to any Chinese moves to restrict exports.
China was trying to corner the market some years back - it’s why they were hanging out in Africa.
God gave a big chunk of rare earth metals to Japan for our side... Those need to be secured before the nuts in North Korea nukes ‘em...
https://www.cnbc.com/2018/04/12/japan-rare-earths-huge-deposit-of-metals-found-in-pacific.html
from link:
A massive, ‘semi-infinite’ trove of rare-earth metals has been found in Japan
Published Thu, Apr 12 2018 4:16 AM EDTUpdated Thu, Apr 12 2018 7:02 PM EDT
We need to reopen our mines and get away from this stupid environmental head in thee sand mentality. Create our own mines or find new solutions the lack of supplies. We can outlast a 6 months ban by recycling, new supplies, or just biting the bullet and shove it down their throats. China is not and never has been a reliable trading partner.
Share Groundbreaking Report: U.S. Reliant on China, Russia, Other Foreign Nations for Many Critical Minerals
"I commend the team of scientists at USGS for the extensive work put into the report, but the findings are shocking," said U.S. Secretary of the Interior Ryan Zinke.
The fact that previous administrations allowed the United States to become reliant on foreign nations, including our competitors and adversaries, for minerals that are so strategically important to our security and economy is deeply troubling. As both a former military commander and geologist, I know the very real national security risk of relying on foreign nations for what the military needs to keep our soldiers and our homeland safe."
(No wonder the Left hates the guy! He wants to break the monopoly China holds over us)
pdf link to above for ease of reading. (862 pages of very dry, but informative, reading)
Americas has many of them, we just aren't allowed to mine them for various "reasons".
“It will take many years if the US wants to rebuild its rare-earth industry and increase its domestic supply to reduce its dependence on China’s minerals.”
Do it and you become OPEC...
I wonder what a full BOYCOTT of everything out of China would do to the ChiComs ? Derail their Economy Much ??? (Never forget though that they can ALWAYS ‘rule by the gun’ when they need to)
Same tactic to threaten them with WHEN they threaten to dump the Treasury Bonds.
“That’s according to a couple of Globaltimes editorials.” US faces squeeze on rare earths,” says one editorial. “US need for rare earths an ace on Beijing’s hand,” goes another.”
Global Times is the Chinese Communist Party’s main English propaganda mouthpiece.
the US has 1.4M metric tons of RE reserves, getting the permits to mine it is the problem... the democrat silverfish or some such is on the reserve don't you knowI’d wager that President Trump looked at this particular angle before the first tariff was thrown...