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To: Hillbilly sage
The real head scratcher in that this week's DOD set of awards is that one selectee (MP) has Chinese ownership and the other (Lynas) is based on ore that is produced in Australia and extracted in Malaysia before it would get to the U.S.

Not sure if that's a good way to build a "domestic" supply chain.

https://www.reuters.com/article/us-usa-rareearths-insight/american-quandary-how-to-secure-weapons-grade-minerals-without-china-idUSKCN2241KF

16 posted on 04/24/2020 8:31:56 AM PDT by Hamiltonian
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To: Hamiltonian

While Shenghe Resources Holding Co is a 9.9% holder of MP Minerals stock, they also had access to production components necessary to tool up that MP had been unable to source.

Reuters AKA Rothschild had access to much detail info but “forgot” to include it in their release.

Mine workers from Searchlight, NV are real happy to be digging CA dirt again. Locals there don’t call it rare earth, they call it precious earth, I always thought that seemed odd.


26 posted on 04/24/2020 9:42:41 AM PDT by Hillbilly sage (Birds of a feather)
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