Looming US Technology-Security Minerals Crisis?

By Paul Driessen – Re-Blogged From WUWT

Impacts from the 1973 OPEC oil embargo could pale by comparison to an embargo or other disrupted access to the exotic, critical and strategic metals and minerals that are essential for energy, computer, defense and other technologies that are the foundation for virtually every facet of US economy and security. Right now, the United States imports up to 100% of those materials – and two dozen of them come 60% to 100% from China, Russia or mines controlled by those two countries.

Ironically, we likely have all of them right under our feet. But the United States is the only nation in the world that locks them up, makes them inaccessible under almost any conditions. My article lays out some of the steps that must be taken to address this untenable, unsustainable situation … and cites a new book that provides fascinating and disturbing details about it.


Continue reading

Advertisements

Wanted: Non-Chinese rare-earth elements

The escalating US–China trade war and a newly enacted ban on defense acquisitions of high-performance permanent magnets made in China are underscoring US dependence on the Asian nation for rare-earth elements (REEs). Last month, the Trump administration backed away at the 11th hour from imposing steep tariffs on REEs from China, the source of nearly 90% of them, after appeals from US industrial consumers of the elements. The proposed duties, which would also have applied to some products that contain REEs, including some permanent magnets, catalysts, phosphors, and other chemicals, had been among the $200 billion worth of Chinese imports on which the White House had planned to levy duties at the border.