RE: China Makes Threat Towards U.S! Everything You Need To Know About Rare Earth Minerals.

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China Makes Threat Towards U.S! Everything You Need To Know About Rare Earth Minerals.

in dtube •  5 years ago 

I know rare Earth materials are available in the US but guess what, its mostly located in the California deserts. Also, guess what, California environmental laws do not like mining of anything, period! A few years ago, China had done this to Japan and that is when we realized, we were screwed because of that. So, I believe there is a deal to reopen the one mine in California but I pretty sure we are we behind in production.Rare Earth Mine - Mountain Pass, CA.jpg

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This mine sold for $20.5M in 2017. Well worth its price.