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De Omnibus Dubitandum - Lux Veritas

Tuesday, November 5, 2013

Mining policy designed to benefit our own—mighty rare

The Obama administration engaged in the governmental form of a temper tantrum
By Marita Noon Monday, November 4, 2013
What is essential to modern energy production and management including oil-and-gas development, wind and solar, and LED lights—just to name a few—and has rare bipartisan support in both houses of Congress?  The answer is something “rare.” Something that is currently used in almost everything modern, but that is abundant and recoverable in very few places on the planet—hence the “rare” moniker. Something that China has in abundance and that they are using as an economic weapon against the rest of the world—much like OPEC uses oil. And, this something is also found in the U.S., which could give us a competitive advantage in the global economy.
Have you guessed it? “Rare” was a big clue.  I am talking about Rare Earth Elements (REEs), many of which are recognized as Critical Minerals…..To Read More….

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