brockm on Nostr: The rare earth metals issue is concerning. However, there are significant untapped ...

The rare earth metals issue is concerning. However, there are significant untapped deposits in the United States. In particular, there are known lithium veins in Nevada and Arizona. There’s additional exploration being done. North America is a very mineral rich continent. Canada has the second largest Uranium reserves behind Australia. There’s the beginnings of exploration for neodymium and such, as well.

While China has some advantages with much more developed mines and processing industry in some of these key areas, it’s not impossible and out of the question to develop substitute value chains in North America. Some of that is, as I said, already starting to happen.