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Neither of those deposits are being extracted in large enough scale yet to make a dent in the near-monopoly China has.
by hexator 2y ago
Neither of those deposits are being extracted in large enough scale yet to make a dent in the near-monopoly China has.
- ceejayoz 2y agoOnly because it hasn't really been necessary.
- hexator 2y agoAnd because it's not economical and there hasn't been sufficient government subsidies as of yet to mine them. The barrier is quite high, and it's not clear if tariffs are enough.
- ceejayoz 2y agoTarriffs will not be enough. A trade war / embargo will be.
- JumpCrisscross 2y ago> trade war / embargo will be Unclear. Historically, this just shifts production from the warring parties to neutrals. (An effect amplified by economies of scale.)
- ceejayoz 2y agoI'd count that as a win, personally.