The last non-China processor in Malaysia closed in 2012 because they could not compete with China’s subsidized pricing...
SMH
God Bless Texas!
If the United States ever devolves into civil war and breaks up, and I hope it does NOT, then I would wish my home state of Alabama to become part of the Greater Texas Hegemony.
[ First rare earth processing facility outside of China to be built in Texas ]
Get ready
Here I come
Seems like a strange place to put it considering most of the Rare Earths are in CO, UT and NV.
Transportation cost would doom it
The last non-China processor in Malaysia closed in 2012 because they could not compete with China’s subsidized pricing...
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The Chinese employ standard mercantilist practices to drive competitors out of the business — low prices when a competitor tries to enter the market and high gouging prices when they have the market to themselves.
Tariff the hell out of the Chinese!
Why we ever gave China the edge on these rare earth metals, I’ll never know. Just plain stupid.
That is all true. I remember when they closed what a big mistake it was. The predictions came true!
Run out of business for campaign donations no doubt.
[ They just partnered with Australian rare earths mining company ]
They’s a little town in Australia, where dem white folks homicide rate is 200 times what they population is.
It’s across the street from a manganese plant.
What are you putting in my water, white boy?
And my Colt .45?
https://www.youtube.com/watch?v=2bnM2X9yGP4
withhold ALL silver sales to PRC -China from the U.S.
Where in Texas?
It has begun...
There was a report on FR yesterday that Japan has found a “rare earths” deposit on one of their island.
Happy days are here again.
I loved their 45 hit, “Get Ready”.
More jobs in the USA. THANK YOU FOR TARRIFS, President Trump!
Australia’s Lynas (OTCPK:LYSCF) says it signed a memorandum of understanding with Texas-based Blue Line Corp. to build the first rare earths separation plant in the U.S. in years.
The companies say their proposed joint venture, which would be majority owned by the Australian miner, would focus on separating heavy rare earths such as dysprosium and terbium, and would be the only large-scale producer of medium and heavy rare earths outside China.
Lynas CEO Amanda Lacaze says the U.S. venture will complement its operations in Malaysia while also closing a “critical” supply chain gap for U.S. manufacturers.
https://seekingalpha.com/news/3465251-lynas-blue-line-plan-new-texas-rare-earths-processing-facility
Blue Line has locations in San Antonio and Hondo.
I can’t find any articles with the exact location of where these facilites will be built.
Yes. Mountain Pass rare earth mine in California is operating now. MP Materials resumed mining and refining operations in January 2018.
rare earth processing facilities are enormously dirty and polluting. In order to comply with existing EPA regulations, the cost to process the ore and materials will be much, much more expensive than what is coming out of China.
What does that mean?
[1] That the USA will be able to process rare earth materials . Yay!
[2] That they will be many, many, many times more expensive than their Chinese competition. Boo!
[3] Components and products utilizing American processed rare earth components will be much more expensive than the Chinese versions. Perhaps by a factor of 10x to 20x . Yuck!
Yep - the Let always wants us to be beholden to others - it’s how they make their money...
Tmrc ? Really look who sold it that’s a reputable holding company sold out of this stock several months ago why because they’re reputable holding company that’s why these guys are full of poop.. .................................here’s a couple Real company’s....... REEMF Recently partnered with Synchron general atomics the only American owned domestic rare earth supply was $15 in 2011 might be a big deal. https://www.i24news.tv/en/news/international/americas/1576085150-us-military-to-sponsor-rare-metals-plant-to-offset-dependence-on-china-report PHUN 1.34 52wk high of $100+ insiders buying .. contracted to run TRUMP presidential campaign .. .. viva L.V. !