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Ukraine agrees minerals deal with US

ft.com

1–10 of 17 posts

Re: Ukraine agrees minerals deal with US

#4
post #3

China will lose its rare earth minerals near monopoly?

They never really had one.

https://www.cnbc.com/2024/06/11/norway-discovers-europes-lar...

https://www.wsj.com/articles/wyoming-hits-the-rare-earth-mot...

They're not that rare, China's just a place that can extract it cheaply and not care too much about pollution.

Re: Ukraine agrees minerals deal with US

#5
post #4
post #3

China will lose its rare earth minerals near monopoly?

They never really had one. https://www.cnbc.com/2024/06/11/norway-discovers-europes-lar... https://www.wsj.com/articles/wyoming-hits-the-rare-earth-mot... They're not that rare, China's just a place that can extract it cheaply and not care too much about pollution.

Neither of those deposits are being extracted in large enough scale yet to make a dent in the near-monopoly China has.

Re: Ukraine agrees minerals deal with US

#7
My impression was that one of Russia's main aims in Ukraine were precisely these minerals, oil, and gas resources in the eastern part of Ukraine. Doesn't this make the US in many ways the same as Russia?

Also, I'm certain this will be spun into very effective pro-Russian propaganda.

Re: Ukraine agrees minerals deal with US

#8
post #5
post #4

Earlier quoted context omitted.

They never really had one. https://www.cnbc.com/2024/06/11/norway-discovers-europes-lar... https://www.wsj.com/articles/wyoming-hits-the-rare-earth-mot... They're not that rare, China's just a place that can extract it cheaply and not care too much about pollution.

Neither of those deposits are being extracted in large enough scale yet to make a dent in the near-monopoly China has.

Only because it hasn't really been necessary.

Re: Ukraine agrees minerals deal with US

#9
post #8
post #5

Earlier quoted context omitted.

Neither of those deposits are being extracted in large enough scale yet to make a dent in the near-monopoly China has.

Only because it hasn't really been necessary.

And because it's not economical and there hasn't been sufficient government subsidies as of yet to mine them. The barrier is quite high, and it's not clear if tariffs are enough.

Re: Ukraine agrees minerals deal with US

#10
post #9
post #8

Earlier quoted context omitted.

Only because it hasn't really been necessary.

And because it's not economical and there hasn't been sufficient government subsidies as of yet to mine them. The barrier is quite high, and it's not clear if tariffs are enough.

Tarriffs will not be enough.

A trade war / embargo will be.

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