Reply to China Suspends Export of Critical Rare Earth Minerals

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think he went for nuclear option really fast.
I thought he was going to use rare earth minerals and antibiotics as last resort.[/quote]

Antibiotics?? [/quote]

China controls 70% global rare earth minerals and 90% processing.
China produces 90% of US antibiotics ( eg, Penicillin) and 40-50% of generic drug ingredients (APIs)
Medical Devices ( gloves, syringes, MRI components) [/quote]

And WHY is that?  Is it wrong to try and on-shore those manufacturing activities?

Covid-19 taught us that we can't be dependent on China, and yet those who oppose tariffs seem to have forgotten this.[/quote]

It’s like closing the barn door after the horse is gone.
It’s too little too late.
[/quote]

Not at all.  Why not a bipartisan bill that waives all regulatory requirements to build rare earth mines?  Would Democrats vote for it?[/quote]

There have been many bipartisan bills for subsidizing growth of the industry through direct grants and tax credits, and striking international trade deals. Rare earth metal acquisition is one issue that does draw bipartisan support. We have mines, albeit many are closed. We have sources for the raw materials. We don’t have processing capability yet because that takes years. [/quote]

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