US Now 100% Dependent on 19 Strategic Rare Metals & Minerals – 11 of Those From China
The United States is now tied for last, with Papua New Guinea, in the time it takes to get a permit for a new rare metal or mineral mine. The United States is now 100% dependent on 19 strategic rare metals and minerals, 11 of those are from China.
American Resources Policy Network Principal Daniel McGroarty wrote about this crisis inThe Wall Street Journal today.
A century ago, plentiful elements like iron, lead, and copper fueled our Nation’s transition to an industrial economy. But today, many of the materials that characterize the industrial cutting-edge—such as rare earths, indium, and lithium—are not as naturally abundant or easy to access as their predecessors…
…Jobs and capital increasingly flow to countries that command the resources to power modern manufacturing, and American manufacturing is more dependent on metals and minerals access than ever before. Yet there is no country on the planet where it takes longer to get a permit for domestic mining. Among other consequences of this red tape, there are now 19 strategic metals and minerals for which the U.S. is currently 100% import-dependent—and for 11 of them a single country, China, is among the top three providers.
The American Resources Policy Network has more on the crisis.
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ignore the political bias here..the rest is fairly accurate..”beholden”..and you know what that means..
note congo..and we saw what happened there didnt we?
401
The Fall of Rome is coming. Most people are still asleep in this country and won’t even know it when it hits them. We are so dependent on China now, all they have to do is pull out of the dollar, and watch this country get fucked up the ass as hard as possible. They own us now….We have become “China’s Bitch” just like that book a few years ago. America is China’s Bitch!
australia is the same..
I’ve never visited Australia, but I believe you….I try not to judge how it is on people in other countries since I’ve never visited them.
They are buying everything. Across the board.
Reblogged this on Ahrcanum.
Reblogged this on Screenshots News.
http://www.youtube.com/watch?v=LinFvZWMUSw poor sound in some spots though, despite that a very interesting interview