It would take the combined efforts of at least three Administrations, six Congresses, thousands of geologists/geochemists, 15 years and $100 billion to match what China has today.
What China has today is 42,000 REM patents (covering extraction to recycling), four geological universities and 500,000 geologists. One of those 500,000 was Prime Minister of China who cleaned up the chaotic RE mess and turned it into the powerhouse it is today, then went back to teaching geology..
Meanwhile, while we fantasize about building an RE supply chain, we're still shipping industries like naval maintenance(!) offshore.
Practically speaking, the RE gap between us and China is unbridgeable. Checkmate?
> But in May, China sent shockwaves through America’s defense industry and the automotive business when it abruptly blocked magnet exports.
Abruptly blocked? That’s a little disingenuous, as if China inexplicably and unfairly blocked exports; nothing to do with Trump’s sanctions, tariffs and warmongering.
It would be in the best interest of the US to stop threatening China militarily, treat China as an equal, respect it's political system, and engage in authentic cooperation. It's absurd, given the evolution of western capitalism, to juxtapose "democratic market economies" to "authoritarian"economies.
The is weaponizing everything from semiconductors to its own markets. Why are they so surprised when they get a taste of their own medicine? As for the twaddle about authoritarianism etc, that is a joke.
It would take the combined efforts of at least three Administrations, six Congresses, thousands of geologists/geochemists, 15 years and $100 billion to match what China has today.
What China has today is 42,000 REM patents (covering extraction to recycling), four geological universities and 500,000 geologists. One of those 500,000 was Prime Minister of China who cleaned up the chaotic RE mess and turned it into the powerhouse it is today, then went back to teaching geology..
Meanwhile, while we fantasize about building an RE supply chain, we're still shipping industries like naval maintenance(!) offshore.
Practically speaking, the RE gap between us and China is unbridgeable. Checkmate?
> But in May, China sent shockwaves through America’s defense industry and the automotive business when it abruptly blocked magnet exports.
Abruptly blocked? That’s a little disingenuous, as if China inexplicably and unfairly blocked exports; nothing to do with Trump’s sanctions, tariffs and warmongering.
What is is a democratic market economy any way? Are Amazon, Meta, Palintir, etc. examples of this?
It would be in the best interest of the US to stop threatening China militarily, treat China as an equal, respect it's political system, and engage in authentic cooperation. It's absurd, given the evolution of western capitalism, to juxtapose "democratic market economies" to "authoritarian"economies.
The is weaponizing everything from semiconductors to its own markets. Why are they so surprised when they get a taste of their own medicine? As for the twaddle about authoritarianism etc, that is a joke.
For more detail see: https://thoriumenergyalliance.com/wp-content/uploads/2023/05/ChinaSubsidiesStructuralAdvantages-ReleasedMay2.23.pdf
What a mutually interdependent world. Someones keep restricting supplies to others, without anticipating potential blow backs.