Trump laboring hard to secure rare earths for America
WATCH Morano on OAN now.
WATCH Morano on OAN now.
Of special military concern are supply chain impacts on drones and robotics widely regarded as critical to the future of warfare.
Thankfully, the United States is blessed with mineral wealth.
While Europe and our allies need to do more, American industrial might continues to be the essential component to give peace a chance.
By utilizing Ukraine’s extensive mineral reserves, the agreement offers a vital opportunity to diversify critical mineral supply chains, lessen Western dependence on China, and strengthen transatlantic alliances at a crucial moment in the global geopolitical landscape.
Washington can now harness its considerable geological assets to the disadvantage of its rival in the Far East.
China controls a stranglehold of 80% of the global supply monopoly on rare earth minerals and metals, with the Congo in Africa a 90% source of vital cobalt.
BY ANTONIO CAMBRIA: On Thursday, the Biden administration announced it would prohibit mining in more than 200,000 acres of land from being mined for waterway protection, ignoring serious abuse abroad.
BY AARON RINGEL: Import dependence has long posed a strategic vulnerability for the U.S.—particularly when it comes to the “rare earth” metals that make many advanced technologies possible.
This is because of the way in which the materials used in manufacturing the batteries that power today’s EVs are obtained.
Surprise, surprise. Electric vehicles are even more dependent on Russia and China than gas-fueled cars.
“This is not about law. This is a political action” intended to stop “a world-class underground copper, nickel, cobalt, and platinum group metals mine…. We are confident that a full environmental review will show that the science behind this modern mine will prove that we can advance this project safely under the highest of standards.”
The EV numbers don't add up.
There may not be enough minerals and metals in the world to build all the electric vehicles climate campaigners want to mandate and subsidize.
Green energy plans require major increases in U.S. mining and processing – unless they want to make America even more dependent on China and Russia.