shockedcanadian
Diamond Member
- Aug 6, 2012
- 43,988
- 43,028
- 3,605
America needs to take back this capacity and fast. Remove most of Chinas control. He had rapid successes in his first term during covid, he must do it again.
He could provide seed funding from the government in the form of a loan. Have the military work overtime to make the mines viable. Then private companies repay the U.S government through rare minerals for profit.
It would be a HUGE success for America and if China puts up a bloackage of Taiwan, America would be independent of Chinas influence.
Trump has to do this asap. Disregard any special interests, get this done and make a MAJOR announcement to Americans as a huge victory.
bigskybusinessjournal.com
That rare earth minerals are being found in the United States, which has to import most of its rare earth minerals from China, is exciting news. As reports begin to emerge about rare earth minerals discoveries in the US – such as that in Ravalli County, Montana – a question emerges about why the discoveries are coming only now.
For example, a report from Wyoming in Cowboy State Daily has announced that “The US could soon become a world leader in rare earth minerals after over two billion metric tons were found in Wyoming. The discovery could mean America over taking China, whose supplies stand at 44 million metric tons.”
Rare earth elements are a group of 17 elements that are essential for both domestic and for military technology. They are used in the production of medical equipment, clean energy components, electric vehicles, electronics, and more. Demand for them is expected to explode in the near future. The US imports most of its needs for rare earths from China. Demand for the metals is expected to soar up to seven times current levels by 2040, according to the International Energy Agency.
He could provide seed funding from the government in the form of a loan. Have the military work overtime to make the mines viable. Then private companies repay the U.S government through rare minerals for profit.
It would be a HUGE success for America and if China puts up a bloackage of Taiwan, America would be independent of Chinas influence.
Trump has to do this asap. Disregard any special interests, get this done and make a MAJOR announcement to Americans as a huge victory.
US Does Have Rare Earths – The Big Sky Business Journal
That rare earth minerals are being found in the United States, which has to import most of its rare earth minerals from China, is exciting news. As reports begin to emerge about rare earth minerals discoveries in the US – such as that in Ravalli County, Montana – a question emerges about why the discoveries are coming only now.
For example, a report from Wyoming in Cowboy State Daily has announced that “The US could soon become a world leader in rare earth minerals after over two billion metric tons were found in Wyoming. The discovery could mean America over taking China, whose supplies stand at 44 million metric tons.”
Rare earth elements are a group of 17 elements that are essential for both domestic and for military technology. They are used in the production of medical equipment, clean energy components, electric vehicles, electronics, and more. Demand for them is expected to explode in the near future. The US imports most of its needs for rare earths from China. Demand for the metals is expected to soar up to seven times current levels by 2040, according to the International Energy Agency.