China is right! For why should they look out for other countries? China has a very large population of whom innovation stands paramount. If China uses up all their rare earths, then where will they be able to get more?
@@muntee33 Nope! Not joking. If China uses up their rate earths, then what says they can replace them? Would you give all your gold away and hold nothing for the future?
"Such is the context in which companies like Molycorp in the USA or Lynas Corp in Australia have put the West back into the contest for rare earth production; and what a costly contest it is proving to be, especially because neither one of these two companies has been able to produce even moderate quantities of the high-demand heavy rare earths (HREE) - this is very costly." - "The 800 Pound Gorilla in the room for rare earth sustainability in North America - thorium"
twenlil: “Another reason why War Addicted AmeriKKKa will continue to SAVAGE small impotent countries. (The Congo and Afghanistan) the richest undeveloped countries with large quantities of RARE EARTH minerals.” 🔥🇺🇸💀🔥🐀🔥🐍🦇🔥🤮🔥🐍🔥🔪
@ilvtofku and if China supplies to the US, they will build more planes and ships to surround China. They will also make more weapons and sell them to places like South Korea to promote korean war, sell to Japan to get them to fight China, Sell them to Taiwan and tell them to use it against China, Sell it to India and tell them to use it agains Pakistan and China and also sell them to Israel and let them use it against Palestan and Iran etc.
I've read that the US is in Afghanistan because they've found rare earth's there. Is this true? But why else would they be at war there there for 17 years?
reason china has so much rare metals is becuase they care about the environment. these metal are found many places . just country's don't want to destroy the land getting it..
Thanks to Trump China now will have better plans and reserve for their present and future generations. It is a blessing in disgust indeed! Actually China has prepare for this long ago.
Colorado-based Molycorp, Inc. is the only REO producer in the Western Hemisphere and currently produces more than 3,000 metric tons of commercial rare earth materials per year. In addition to its rare earth mine and processing facility at Mountain Pass, California, Molycorp also owns a controlling interest in the Estonia-based Molycorp Silmet AS, which has a production capacity of 3,000 metric tons of rare earth products and 700 metric tons of rare metal products annually and is one of the largest rare metal and rare earth metal producers in Europe. Following the execution of Molycorp's "mine-to-magnets" strategy and the expected 2012 completion of Phase 1 of its modernization and expansion efforts at its Mountain Pass, California processing facility, Molycorp expects to produce at a rate of approximately 19,050 metric tons of REO equivalent per year from Mountain Pass. The Company expects to achieve an annual production capacity at Mountain Pass by the end of 2013 of approximately 40,000 metric tons of REO equivalent per year after the completion of Phase 2. Molycorp intends to provide to the market a range of rare earth products, including high-purity oxides, metals, alloys, and permanent magnets. The company currently sells products to customers in Europe, North and South America, Asia, Russia, and other previous Soviet Union countries.
@@twenlil basically let the US start again the mining and let see if they can produce at an economical scale for their customer.. haha.. in the end its the US consumer will be bearing the extra cost . So thank trump for his foolish antics.
The Chinese must be getting extremely desperate.they also announced today that Huawei is going to sell its undersea Cable business because I guess it needs the cash as it's going out of business.
US should just resume their rare earth mining in California, problem is that American capitalists had become too lazy depending on china for cheap labor, minerals almost about everything, now china has stolen their knowledge and things are backfiring , this is what could happen when u feed a tiger as pet .
The US need to only buy rare earth minerals from america.first no matter the price.then Canada and other countries.cut china out. There are more rare earth minerals in texas calif. And pennsylvania.we will pay more but that's ok.
