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Topic: In other news ...

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rolltidefan

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Re: In other news ...
« Reply #13342 on: February 23, 2022, 11:28:38 AM »
well, we deserve this mess to be frank. this is what can happen when you give up your entire supply chain, manufacturing base, and rare earth mineral mining completely up to China. US used to control about 99% of rare earth mineral mining in the world. China now controls around 95%.

if we had a functioning government none of this would have ever happened.
one of the (potential) silver linings of pandemic is opening eyes to this issue. several industries have said they'll be bringing back at least some manufacturing to states, with key reasoning is to prevent supply chain issues like we've had. now whether or not they actually follow through with those plans...

Cincydawg

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Re: In other news ...
« Reply #13343 on: February 23, 2022, 11:32:40 AM »
Rare Earth Elements: Where in the World Are They? (visualcapitalist.com)

Global Reserves of Rare Earth Minerals
China tops the list for mine production and reserves of rare earth elements, with 44 million tons in reserves and 140,000 tons of annual mine production.
While Vietnam and Brazil have the second and third most reserves of rare earth metals with 22 million tons in reserves and 21 million tons, respectively, their mine production is among the lowest of all the countries at only 1,000 tons per year each.
[th]Country[/th]
[th]Mine Production 2020[/th]
[th]Reserves[/th]
[th]% of Total Reserves[/th]
China140,00044,000,00038.0%
Vietnam1,00022,000,00019.0%
Brazil1,00021,000,00018.1%
Russia2,70012,000,00010.4%
India3,0006,900,0006.0%
Australia17,0004,100,0003.5%
United States38,0001,500,0001.3%
Greenland-1,500,0001.3%
Tanzania-890,0000.8%
Canada-830,0000.7%
South Africa-790,0000.7%
Other Countries100310,0000.3%
Burma30,000N/AN/A
Madagascar8,000N/AN/A
Thailand2,000N/AN/A
Burundi500N/AN/A
[th]World Total[/th]
[th]243,300[/th]
[th]115,820,000[/th]
[th]100%[/th]
While the United States has 1.5 million tons in reserves, it is largely dependent on imports from China for refined rare earths.



Cincydawg

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Re: In other news ...
« Reply #13344 on: February 23, 2022, 11:34:00 AM »
If your known reserves are "X", it's probably a challenge for even a functioning government to change that.  Perhaps a better approach is to develop technologies that require lower amounts of them.


Temp430

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Re: In other news ...
« Reply #13345 on: February 23, 2022, 11:38:14 AM »
There's a large rare earth mine on the California-Nevada border that could be re-opened rather quickly if need be.  Only reason it shut down was due to competition from China.
A decade of Victory over Penn State.

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Cincydawg

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Re: In other news ...
« Reply #13346 on: February 23, 2022, 11:40:21 AM »
There's a large rare earth mine on the California-Nevada border that could be re-opened rather quickly if need be.  Only reason it shut down was due to competition from China.
That would up production, but not "known reserves".  I'd guess we have quite a bit of unknown stuff out west that has never been discovered.  If it's not economical to explore and produce, no one would be interested in finding it much.

At any rate, the hyperbole here is characteristic of course.

MrNubbz

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Re: In other news ...
« Reply #13347 on: February 23, 2022, 11:44:08 AM »
big big fan of the new broncos (non-sport versions). 1988 bronco eddie bauer edition was my first vehicle. loved that thing. i'd still have it if i hadn't run into a financial bind about 20 years ago.
My buddy had that exact model.We took it to Onterio/Quebec for 12 years - towing a 16 ft bass boat.He got another bronco after that.
Suburbia:Where they tear out the trees & then name streets after them.

Mdot21

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Re: In other news ...
« Reply #13348 on: February 23, 2022, 11:56:52 AM »
"WE" don't the criminals in the board rooms did,morally bankrupt barons. What do you think Vlad would do to these f***? - because he certainly did it to the Charalatans in Russia
I say WE deserve it, because WE keep voting for the useless idiots that allowed it all to happen.

utee94

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Re: In other news ...
« Reply #13349 on: February 23, 2022, 11:57:21 AM »
I dig the new Broncos, they look great and a lot of thought went into their design and development.

A friend of mine got one and we're set to go out in a couple of weeks to a local offroach adventure park where we're going to compare them head to head.

Mdot21

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Re: In other news ...
« Reply #13350 on: February 23, 2022, 11:58:50 AM »
one of the (potential) silver linings of pandemic is opening eyes to this issue. several industries have said they'll be bringing back at least some manufacturing to states, with key reasoning is to prevent supply chain issues like we've had. now whether or not they actually follow through with those plans...
they won't. too much money to be made in China on the backs of slave labor. 

Mdot21

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Re: In other news ...
« Reply #13351 on: February 23, 2022, 12:03:03 PM »
There's a large rare earth mine on the California-Nevada border that could be re-opened rather quickly if need be.  Only reason it shut down was due to competition from China.
it wasn't just competition from China that killed it, huge clean up costs and environmental regulation also helped to kill it.

Mdot21

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Re: In other news ...
« Reply #13352 on: February 23, 2022, 12:06:03 PM »
That would up production, but not "known reserves".  I'd guess we have quite a bit of unknown stuff out west that has never been discovered.  If it's not economical to explore and produce, no one would be interested in finding it much.

At any rate, the hyperbole here is characteristic of course.
These are known reserves. Rare earth minerals are well....not that rare at all. US most definitely has lot of undiscovered rare earths all over this country, just haven't put the money into exploration/discovery.

There is no hyperbole here. Things going over a certain someones head is pretty characteristic of course. 

In 1980, 99% of the worlds rare earths came from the United States. Now it's basically nothing. US planners are trying to change this as we speak.

Mdot21

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Re: In other news ...
« Reply #13353 on: February 23, 2022, 12:11:17 PM »
If your known reserves are "X", it's probably a challenge for even a functioning government to change that.  Perhaps a better approach is to develop technologies that require lower amounts of them.
yeah, or not.

Rare earths are not rare at all. Despite their name. The known reserves are the known reserves because there hasn't been exploration in decades because well...there is no more rare earths industry in the US anymore and there has not been in decades. It virtually doesn't exist. China controls about 95%.

Perhaps a better approach would be having a functioning government that can regulate, invest and plan, and play the long game and isn't completely corrupt and sold out to the interests of multi-national billion dollar corporations at almost every level. That might help a little bit more.

Cincydawg

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Re: In other news ...
« Reply #13354 on: February 23, 2022, 12:19:40 PM »
well, we deserve this mess to be frank. this is what can happen when you give up your entire supply chain, manufacturing base, and rare earth mineral mining completely up to China. US used to control about 99% of rare earth mineral mining in the world. China now controls around 95%.

if we had a functioning government none of this would have ever happened.
These figures above are hyperbole, and incorrect, somewhat akin to how 60% of restaurants failed and never reopened.

I like to stick to reliable figures when they are available.

Mdot21

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Re: In other news ...
« Reply #13355 on: February 23, 2022, 12:43:36 PM »
These figures above are hyperbole, and incorrect, somewhat akin to how 60% of restaurants failed and never reopened.

I like to stick to reliable figures when they are available.
No, they are not hyperbole. You can look them up if you wish. And the 60% was me quoting Yelp from an old article I read awhile back. I didn't make it up. Yelp did. Turns out they were wrong, as The Real Deal reported according to the National Restaurant Association the actual number was 14%.

The Nixon administration allowed China and it's mining industry and scientists to come and observe US rare earth mines in the 70s and basically taught them how it's done. This obviously backfired on the US- as did most US dealings with China. US market became more expensive to produce as environmental regulations and huge clean up costs became massive cost burdens on the mining companies and China eventually ramped up production and strategically flooded the entire rare earths market- subsidized the entire Chinese rare earths industry and sold their product at a loss in order to undercut the entire world market and take over. Instead of the US trying to subsidize a vital industry important to national interest as well as putting protections like massive tariffs on Chinese rare earths and putting sanctions the Chinese- US basically just let it happen. In 1980 the US controlled 99% of the rare earths market. In the 1990s the US started to give up their chokehold on rare earths to China with not even an attempt to stop it from happening - all while the US gave China most favored nation status which made permanent trade relations normalized - and the US paved the way and pushed for China to join the WTO. The US gov't obviously should not have done any of this. They did this all so US multi-nationals can exploit cheap slave labor in China. And then when our stupid short sighted multinational set up shop in China - the idiots agreed to set up new joint-ventures that with CCP backed entity owning half of the jv....and oh yeah...they also forced US multi-nationals to give up trade secrets, IP, and tech. GREAT JOB 'MERICA!

80% of US imports of rare earths in 2019 came from China. China has used their world dominance on rare earths as a geopolitical weapon, even blocking the export of rare earths to Japan and suspending exports to the US and Europe as well. China is not our friend. They are our enemy.
« Last Edit: February 23, 2022, 12:49:46 PM by Mdot21 »

 

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