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Keyword: strategicminerals

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  • These Are The 50 Minerals Critical To US Security: China is the single largest supply source of many of these mineral

    03/10/2022 9:43:17 PM PST · by SeekAndFind · 11 replies
    Nation and State ^ | 03/10/2022 | Tyler Durden
    The U.S. aims to cut its greenhouse gas emissions in half by 2030 as part of its commitment to tackling climate change, but might be lacking the critical minerals needed to achieve its goals.The American green economy will rely on renewable sources of energy like wind and solar, along with the electrification of transportation. However, local production of the raw materials necessary to produce these technologies, including solar panels, wind turbines, and electric vehicles, is lacking. Understandably, this has raised concerns in Washington.In the graphic below, based on data from the U.S. Geological Survey, Visual Capitalist's Bruno Venditti lists all...
  • Trump orders increased mining of rare-earth minerals to counter China(Slow Xiden Co-opts existing policy)

    03/01/2021 9:57:37 PM PST · by Vendome · 4 replies
    NYPost ^ | October 1, 2020 | Mark Moor
    President Trump signed an executive order declaring a national emergency in the mining industry, ordering the Interior Department to increase domestic production of rare-earth materials to reduce the country’s dependence on China. The order states, “our Nation’s undue reliance on critical minerals, in processed or unprocessed form, from foreign adversaries constitutes an unusual and extraordinary threat, which has its source in substantial part outside the United States, to the national security, foreign policy, and economy of the United States. I hereby declare a national emergency to deal with that threat.” The US imported 80 percent of its rare-earth materials and...
  • Rare Earth Metals: China’s ‘Nuclear Option’ In The Trade War

    05/26/2019 7:39:09 PM PDT · by SeekAndFind · 77 replies
    Oil Price ^ | 05/25/2019 | By Tsvetana Paraskova
    A simple visit to an obscure factory by Chinese President Xi on Monday is all it took to raise the specter that China could be contemplating cutting off supply of critical materials to the U.S. and potentially crippling large swathes of its industries. Also, fueled by political innuendo in Xi’s recent call for a new “Long March” in reference to a key founding tenet of the Chinese Communist Party, speculators are growing increasingly wary of Chinese export restrictions to the U.S., including rare earth minerals. As the world’s largest producer, the Middle Kingdom has a vice-like grip on rare earths...
  • Why does Trump want to buy Greenland? A mineral perspective

    09/04/2019 2:31:48 AM PDT · by 2ndDivisionVet · 26 replies
    Mining Technology ^ | September 3, 2019 | Umar Ali
    It was recently reported that US President Donald Trump wants to buy Greenland, but what would he actually be getting for his money? Umar Ali takes a look at Greenland’s mineral resources, whether they are worth mining, and why the US could want them. The Kvanefjeld project Greenland currently only has one major mining project, the Kvanefjeld rare earth project launched in 2007. The project is centred on the Ilimaussaq alkaline complex in southwest Greenland, measuring approximately 8km x 15km, it is being developed by Australian company Greenland Minerals. The Kvanefjeld project is thought to be one of the world’s...
  • Let's Make America a Mineral Superpower

    02/13/2018 7:38:56 AM PST · by Kaslin · 12 replies
    Townhall.com ^ | February 13, 2018 | Stephen Moore
    Why is the United States reliant on China and Russia for strategic minerals when we have more of these valuable resources than both these nations combined? This has nothing to do with geological impediments. It is all politics. This is an underreported scandal that jeopardizes American security. As recently as 1990, the U.S. was No. 1 in the world in mining output. But according to the latest data from the U.S. Geological Survey, the U.S. is 100 percent import dependent for at least 20 critical and strategic minerals (not including each of the "rare earths"), and between 50 and 99...