Posted on 01/23/2011 1:07:58 PM PST by FromLori
The Ministry of Land and Resources of China Wednesday brought 11 rare earth mines under state control, in order to improve the protection, utilization of the country's strategic resources and drive up prices of the element in global markets.
These measures came after years of planning. All of the 11 areas for rare earth mining are located in Ganzhou, Jiangxi Province in China's southeast. The two iron areas are in Sichuan Province in China's southwest, a report in People's Daily Online said.
Under the new policy, only companies authorized by the central government can conduct surveying and exploitation in those areas.
"The new policy reflects the great importance attached to strategic resources by the government with the intention of using the resources in a more efficient way, "Lei Xiping, secretary-general of the Metallurgical Mines Association of China told media outlets.
(Excerpt) Read more at ibtimes.com ...
Free Trade at work
Can’t we fix this by passing the FT?
does this sound familiar to our auto industry?
Fair Tax.
Imagine if we ALLOWED MORE drilling for oil and gas and opened more coal mines AND mined these battery minerals...
Imagine pumps that had country of origin on the Gas pumps. "Made in the USA" would be nice...and a hell of a lot cheaper.
Free Trade at work
Only the supporters of Free Trade with Communist China would be happy with this development. This is going to happen a lot more in the next few years.
Only an idiot and a Commie would continue to Free Trade with Communist China.
Which is what communism is all about..
Amazing how brain washed America has become..
Under the new policy, only companies authorized by the central government can conduct surveying and exploitation in those areas.-- does this sound familiar to our auto industry? --
It sounds EXACTLY like our oil, coal, and natural gas industries.
you are right my mistake.
Our country is so screwed up mentally that we are acting like the British during the Rev War. Remember the Brits must fight in the open field and never shoot officers. When I read that in history books, I wondered how can they be so stupid.
Well I spoke too soon because two centuries later we Americans act equally as stupid. The US has three abundant energy sources, coal, natural gas and uranium. They are first tier sources, meaning we do not have to expend a lot of energy to recover them like off shore drilling and most US oil fields (free gushers are rare - meaning it requires 1 barrel of oil expended to run the drills to produce 100 barrels of oil).
The biggest challenge to energy is not power plants but finding energy that can be used to power our transport system like cars and trucks. Coal can be made into liquid and refined into diesel. Nuclear and natural gas can be used to generate power and heating. All these resources can provide power for the US for two or more centuries. It is also very low risk tech to develop and low cost to use compared to all the green alternatives. Germans in WW2 liquified coal and so did South Africa during the UN embargo.
Instead we run off on some green religion and ideology that is rigid and dogmatic. While we stagnate the oil demand from the world is increasing.
Now when the government forces us to buy one of their crappy Chevy Volts, we’ll have the privilege of paying $65,000 a piece for them instead of the current reasonable price of $44,000.
Amazing how brain washed America has become..
Tell me about it! I get attacked all the time by Commie Free Traders whenever I mention “Communist China”...lord knows how many times I have been reported for accurately linking Free Traders and Communists...sometimes I think I am on DU with all the support for Communist China on here.
Having grown up in a military family during the Cold War....I can remember when any talk of sending American wealth to a Communist country got you tried and executed for Treason!
The fact is: Support Free Trade with Communist China....you are a Communist
Typical Chinese nonsense. They think that if their politicians control industry, it will be better for China.
Is it that much different than our gov’t with federal land grabs?
http://www.washingtontimes.com/news/2010/mar/02/white-house-land-grab/
ANWR
http://www.policyalmanac.org/environment/archive/crs_anwr.shtml
Controlling offshore drilling?
http://ecocentric.blogs.time.com/2010/07/12/obama-issues-new-offshore-drilling-moratorium/
I’m serious, it looks similar to me, can somebody explain the differences to me, thanks.
” Under the new policy, only companies authorized by the central government can conduct surveying and exploitation in those areas.
— does this sound familiar to our auto industry? —
It sounds EXACTLY like our oil, coal, and natural gas industries.”
Yeah, except in this country, after they are found, the government will tell you that you can’t drill for /dig or otherwise obtain it!
Well, the ultimate solution to this in the “electric vehicle” market will be to adopt motor technology that does not need rare earth magnets. ie, AC induction motors.
The reason why the auto industry went for the brushless DC motors with rare earth magnets was that this motor design reduces overall weight of the motor. As with all things, there’s a weight-to-price breaking point, and if they want to keep the prices of these EV’s down to a point where not only the pious rich people buy them to shove their unctuous environmentalism down our throats, the auto companies will have to go after their COGS and get it down.
Of course, with the soaring price of copper, that gets to be difficult no matter what kind of motor we’re talking about.
Perhaps if someone got after the issues of using aluminum wire in motors, we could kill two birds with one stone.
Obama’s plan to retaliate? Ban mining for rare earths in the USA.
Gosh..somehwere today there is a thread about China being better at capitalism than we are.
Nevermind....
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