Mining companies not digging U.S. red tape
Rare earth mining is crucial to modern life providing critical minerals used for a wide array of products from iPhones to computers.
Rare earth mining is crucial to modern life providing critical minerals used for a wide array of products from iPhones to computers.
With China controlling 85% of the world's production of rare earth elements, the rest of the world -- and in particular, the U.S. economy -- is beholden to China for its own natioanl security and the future of its high-tech economy. This could change with a determined effort to overcome environmentalist objections and reinvigorate U.S. production of many of these valuable minerals. But will enough politicians decide that jobs and security are more valuable than keeping minerals-bearing domestic lands "pristine"?