Posted on 12/25/2021 7:56:56 AM PST by DUMBGRUNT
But rushing to replace gasoline-powered cars with electric vehicles would hand the keys to the American transportation sector to China, given Beijing’s near-monopoly on rare-earth elements like neodymium and dysprosium, which are used in the high-output motors of most electric vehicles.
... manager at a state-owned rare-earth enterprise based in Ganzhou: “The new company will enforce stricter rules on the production quantity as well as the export volume of rare earths, which may also drive up prices.”
In May, the International Energy Agency reported that an electric-vehicle motor requires “upwards of 1 kilogram,” or more than 2 pounds, of rare-earth elements. The same report found that China controls about 85% of the global supply of those elements and that the “geographical concentration of production” of critical minerals—including rare earths, lithium, copper and cobalt—“is unlikely to change in the near term.”
According to the IEA, offshore wind turbines require as much as 500 pounds of rare earths per megawatt of installed capacity, including some 400 pounds of neodymium. Those are big numbers considering that the Biden administration wants to deploy 30,000 megawatts of offshore wind...
By forcing electric vehicles into the market, the U.S. will trade reliance on domestically produced gasoline and diesel fuel for reliance on Chinese neodymium, terbium and dysprosium. What a lousy trade.
(Excerpt) Read more at wsj.com ...
Full TXT: https://archive.vn/pKE6H
Not to worry!
Hunter is working a deal with his Chinese friends...
He is currently attempting to find a new position...
Brilliant Light Power
BrLP Motive car market launch
I’ll be buying my 1st EV so I can drive it to get my first covid shot......not
The tech is changing all the time.
An electric a bit more robust than a The Villages cart would be a great option for lots of folks. Not everybody,but lots.
Bringing electrics into the mix is a good thing. No subsidies, maybe a bit to get the charging infrastructure . .. but even that is really not necessary.
Let em do battle in the market. Diesel is great for power,reliability and lengevity. Gas engines are cheap. Nuke power will bring low cost energy.
Best thing for the world? Cheap or nearly free energy.
Just curious but did the US Government ever issue a mandate that all persons must give up horses and go to the newfangled internal combustion engine?
If not, why are they now issuing mandates that autos must be electric in the future? Why not let the FREE MARKET dictate what people will drive?
—”Brilliant Light Power”
Interesting stuff!
But, they have been planning this product for over 30 years and still no working model?
They have a large facility in NJ and have spent megabucks?
Could appear any day now, but I would not be an investor.
re: “But, they have been planning this product for over “
No, they really haven’t. The nickle-hydrogen battery tech didn’t scale up economically. In about 2016 the use of electrodes and an appropriate energy absorber (a kind of catalyst) was made use of and that has scaled up nicely to over 250 kW thermal boilers now ... TWO DEMOS were held offsite this year showing off their work to date. (Where have you been?)
—”Not everybody,but lots.
Bringing electrics into the mix is a good thing. No subsidies, maybe a bit to get the charging infrastructure . .. but even that is really not necessary.
Let em do battle in the market. Diesel is great for power,reliability and lengevity. Gas engines are cheap. Nuke power will bring low cost energy.
Best thing for the world? Cheap or nearly free energy.”
YES,YES YES!!!
In my neck of the woods most every house has a computer car to two and a driver car or two.
When the price comes down the suburban computer cars will go electric.
—”...The Electric-Vehicle Push Empowers China...”
Funny. They say that as if they think it is a bad or unexpected thing.”
Some of us recall the arab oil embargo of about 30 years back...
From https://www.chattanoogan.com/2021/11/28/439121/Roy-Exum-Nope-No-EV-For-Me.aspx (more info at the link)
If you want to inflict maximum damage on the environment, you support EVs, wind turbines and solar panels – all with their associated batteries. They don’t even come close in being as environmentally clean as coal, natural gas, and nuclear power. Likewise, their (EVs, WTs, and Solar) cost is going to be exorbitant. WTs and Solar reliability is poor.
Electric vehicles are taxpayer subsidized for the purchase of each hybrid or fully electric vehicle with a discount of about $7,000. Then, the government does not collect road-use taxes. Further, the new infrastructure bill provides several billion dollars of taxpayer funds to build charging stations. Do we really want our Government in the “electric filling-station” business?
The original “push push” they have is much more green.
Not. At. Gunpoint.
"In May, the International Energy Agency reported that an electric-vehicle motor requires “upwards of 1 kilogram,” or more than 2 pounds, of rare-earth elements.
The same report found that China controls about 85% of the global supply of those elements and that the “geographical concentration of production” of critical minerals—
including rare earths, lithium, copper and cobalt—“is unlikely to change in the near term.” "
In addition to controlling 85% of the earths 'rare earth minerals , China also has about the same percentage of the world's processing plants for these same materials.
Due to the lack of environmental regulations, the world's refiners and smelters have yielded and deferred to China for production of these minerals.
So, China owns and will control the 'rare earth' market necessary for electric vehicles.
Also, since China has formulated an agreement with the Taliban in bankrupt Afghanistan for mineral mining, there is a former untapped mining opportunity being exploited
in the mineral resource rich country (gold, silver, coal, rare earth, petroleum, etc.)
In fact, through the " Belt and Road " program, China is in the process of building a railroad to their Afghanistan neighbor to more easily transport these mineral deposits.
Due to China's control of the market, expect the cost of these raw materials for electric automobiles to increase accordingly.
Didn’t I hear about lots and lots of Lithium to be mined in our own state of Maine. Crickets. Our own EPA will sink it until 2056 !
The best thing for the common people of the world is cheap energy.
Those who shape and control policy want energy to be expensive enough to keep the peasants on the farm.
Can you spot the Joe Biden effect on lithium prices?
http://www.dailymetalprice.com/metalpricecharts.php?c=li&u=lb&d=0
Article posted here on FR years ago how Japan was going to mine REEs from the ocean floor, where they exist in abundance.
Yes...I would SO much more prefer going to OPEC and politely begging them to increase production to “help us out” and when that is done, go on our knees to the Russians begging them in the same way.
This “Energy Independence” crap is for the birds!
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