Having the ore isn’t the problem.
Refining it is the problem, because it generates so much toxic waste.
That’s why China does most of the refining, because they don’t worry about silly things like generating toxic waste.
Ramaco Resources (METC) stock was up approx $4.00 Thursday. It closed basically unchanged on Friday but went up over $2 in after-hours trading at $18.80. We bought shares a couple years ago when news of the mine started making headlines. It’s nice to see the price run-up.
How long before some bammie appointed judge-thing declarers it off limits due to the just-discovered (therefore highly endangered) african-american homosexual polka-doted sand flea?
.
[Massive rare earths elements deposit confirmed in Wyoming:]
Get ready.
There's always a movie.
"This weekend, I'm off to Appalachia to study regional colloquialisms among the coal mining community."
~ Dr. Poole
Under the guise of environmental safety and protection these criminal politicians and thier donors have been trolling the world and purchasing them with thier names and bank accounts on it
This is very good news. Another step forward to terminate our dependence on China. I’ve also read that there is supposed to be a large deposit of lithium in the Salton Sea area.
“The Brook Mine’s potential to support 3-5% of the U.S.’s total permanent magnet demand is a crucial development in shifting the nation’s supply chain dynamics.”
At 3% to 5%, I guess it’s better than nothing but the question is how far will the Democrat judges allow it proceed.
I hope this was found in a very remote area or they will need a flood or fires to get people out of the way./s
We need to keep liberals out of Wyoming at all costs or they’ll be selling this to the Red Chinese.
It typically takes about 15 years from discovery to an operaing mine. If they’re at the PEA stage, a mine is 10 years away at least. That’s before lawsuits and idiot judges are considered. So it’s probably 20 years away if it ever happens.
Google NIOCORP The US has lots of rare earth material that can be mined.
And some Biden judge will order it be sold to China or Iran.
And just who is going to refine the ore? How long before the entire thing id shut by a environmental wacko lawsuit? How long before some politician demands the site become a National Park, Preserve etc [ as they did with similar sites ]?
Wyoming is rich with natural resources at great benefit to the residents of the state.