Why do they need a ‘bill’ to encourage production of anything?
The problems is a free market problem
REMOVE regulations that make it too costly to mine for these things and it will solve itself
Why bother then if you’re going to wring your hands over extracting valuable thorium, along with other REE’s? Either you have a vested interest in buying from the chinese, or you are in bed with the environuts, who are financed by the vested interests who buy from the chinese. The biggest impediment to mining is the EPA, and the EPA is owned, lock, stock, and barrel by large business interests, who also own the best politicians money can buy. It’s not technical, it’s entirely political.
Can’t tell from the press release just what “impediments” are standing in the way (although I know environmental issues were the reason the rare earths mine near Las Vegas was shut down) and just what this bill will do to remove/mitigate them. Nor is it clear that the truly important parts of this bill have more to do with money breaks than with “impediments”.
Nothing to see here West Virginia.
Joe (up obammy’s rear) Manchin is playing three card monty boys.
trying to trick your sorry stupid asses again.
Don’t dig that hole. On that spot, and that spot only, lives the yellow leaf grouse shrub.
I have been directly effected by the US lack of political will to mine out own land. I use to have an entire production line that depended on affordable tungsten. China now controls roughly 95% of the worlds supply and production. When the Tsunami hit Japan Tungsten supplies dried up when China raised the price nearly 5 fold. HOWEVER, the catch was, if I were to move production to China they would sell Tungsten at the previous rates. I shut down the product line.
So to all of you who say “bring back American jobs” that’s great. But there is not the political will to produce the raw materials required to manufacture here. While China has been buying up mines world wide and controlling the world’s supplies of rare earths, we have been shutting down federal lands for lizards and windmills.