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]

DP. It is low margin stuff. The reason the US and the rest of the world does not produce it is because it is not a huge market, it’s low margin and China corners the market. China keeps the prices low. It has nothing to do with regulation. Most of the stuff is recovered from slag and waste from other refinement processes.

Oh the Dems are not in control of the government. So you republicans can do your socialist command economy. What companies are you going to force to refine rare earths? What will the price be and who will be allowed to buy it?

Man you maga socialists are stupid.[/quote]

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