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TranscendentalEmpire@TranscendentalEmpire@lemmy.today

Replying to @⁨Albercik@szmer.info⁩

All of these raw materials are found all over the place. They aren’t exactly rare, they are just rare when compared to something like iron. The reason China dominates these fields isn’t because of their mining capabilities, it’s their processing facilities. They invested billions of dollars on the infrastructure when most western countries refuse to invest in themselves because rich people refuse to pay taxes.

Any company claiming they’ve found a mining source that can make any country a dominant producer is just trying to attract VC funding.

TranscendentalEmpire@TranscendentalEmpire@lemmy.today

Replying to @⁨Albercik@szmer.info⁩

I’ll give you the benefit of the doubt since it seems like English isn’t your first language.

Finding sources of rare earth minerals is easy. Mining those resources is easy. Processing those minerals into actual usable material is the complicated and expensive part. Investing in that part of the process is how China cornered the market.

So claiming a new mining company is going to break China’s hold over the rare earth material market is incredibly stupid.

TranscendentalEmpire@TranscendentalEmpire@lemmy.today

Replying to @⁨Albercik@szmer.info⁩

The only one mentioning “breaking China’s hold” is you in this thread.

Did you not read the article you posted?

You have also referenced competing with China several other times in this thread…

insecure about “Chinese dominance”

It would be nice if there were something to be insecure about. That would personally benefit me as I live in the US. I would welcome an influx of production based employment, but we’re too busy giving tax breaks to oil tycoons.

Chinese troll farm employee even if I don’t take into consideration your quite telling username.

Lol, you are a fucking idiot. Transcendentalism is a philosophical movement that began in the US in the late 1820’s. Please enlighten me…what is so telling about my username?