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Are you tracking that harvesting REM is a nasty business with a lot of “don’t look” environmental impacts? As such, most countries don’t do it, or have an infra
by dgfitz 1y ago
Are you tracking that harvesting REM is a nasty business with a lot of “don’t look” environmental impacts? As such, most countries don’t do it, or have an infrastructure for it.
- dylan604 1y agohttps://rareearthexchanges.com/best-rare-earth-mining-companies-in-the-usa/ https://rareearthexchanges.com/best-rare-earth-mining-compan... Plenty of US companies ready and willing. They've finally gotten an administration that is of like mind on screw the environment and dig dig dig.
- dgfitz 1y agoSo, you agree?
- dylan604 1y agoAgree with what? What is it that you think is a gotcha here?
- dgfitz 1y agoMost countries don’t do it, including the US. “Ready and willing” is quite the turn of phrase.
- dylan604 1y agoI've seen US numbers along 70-80% is imported. That leaves 20-30% domestic. Some of the REEs are 100% imported, so that's a different issue. But you seem to be implying that the US is 100% importing all REEs with no domestic production at all. That's not true. Yes, some production is slowed due to environmental issues. Some of it is a different nature along the lines of "why mine yours when you can buy someone else's". You keep yours in the ground until you have to get it. You have some small production just to keep the know-how, but you keep the stove down to a simmer from a boil.
- tmnvix 1y ago> Some of it is a different nature along the lines of "why mine yours when you can buy someone else's". You keep yours in the ground until you have to get it. My understanding is that a large part of the issue is processing capacity/ability - not mining of the ore. In fact, a significant amount of ore mined in the US is sent to China for processing. I don't think it's a simple case of the US standing up some processing plants in 1-2 years. If that were the case, wouldn't you think it would've happened by now? Is US leadership that bad that they failed to address this risk? Or - more likely - is it because solving the issue will take a lot more than some quick investment? This is a huge issue for the US MIC. Plans (e.g. with regard to Iran) are going back to the drawing board for sure.
- phil21 1y ago> Is US leadership that bad that they failed to address this risk? I mean, quite obviously? Borne by the simple fact of... here we are discussing it? It doesn't matter how easy, quick, or hard it is right now. What matters is leadership is so bad it was allowed to reach this point to begin with, and even a decade ago it was immediately obvious that it was a giant vulnerability that has not even started on beyond corrected in any meaningful way.
- dgfitz 1y ago[flagged]
- dylan604 1y agoUneducated conclusions like seeing 70-80% being imported means losing access to the exporters would be devastating? Seeing those numbers shows exactly how far away the US is from being self reliant? See how it means that the US is in a weak negotiating position, and that any bolstering from the orange man is pure bullshit? Please, enlighten me where these uneducated conclusions are wrong.
- dgfitz 1y agoQuote your numbers.
- markus_zhang 1y agoUS also needs all those factories and machinery to process the stuff.
- fakedang 1y agoUSA does not have the refining capacity which will take another 8 years to build out.
- kapone 1y agoWrong. We don’t need to build refining capacity. We just need to remind China that who’s the big dog, which we seem to be doing. They’ll fall in line quickly enough.
- kaibee 1y agoAye yea, the war will be over by Christmas! I've heard this one before.
- dylan604 1y agoOperation Warp Speed 2.0
- magicalhippo 1y agoRemember, Mommy, I'm off to get a Commie, So send me a salami, And try to smile somehow. I'll look for you when the war is over --- An hour and a half from now https://en.wikisource.org/wiki/Songs_and_Lyrics_(Lehrer)/So_Long,_Mom https://en.wikisource.org/wiki/Songs_and_Lyrics_(Lehrer)/So_...
- fn-mote 1y agoI really cannot tell if this is sarcasm (seems not?) or trolling (sounds like it). How are we reminding China that the US is a big dog? By imposing tariffs? By demonstrating our ability to do work domestically that they believe us unwilling or incapable of doing? What does this even mean, to be a big dog in the modern world? It seems more like a large ship listing to one side … if it collapses there will be a lot of small ships damaged in the wake.
- csomar 1y ago> We just need to remind China that who’s the big dog, which we seem to be doing. Time to short the US dollar and load up on Bitcoin.