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Assuming China does want to go get it [1], profit may not be the motive. It might just be a resource grab. Uneconomical in the short run, but with a vague expec
by jonnathanson 12y ago
Assuming China does want to go get it [1], profit may not be the motive. It might just be a resource grab. Uneconomical in the short run, but with a vague expectation that the resource will skyrocket in value years from now. I doubt China is interested in resale, so much as stockpiling.
[1] I say "assuming...," because this article is basically just speculating.