China dominates the supply of rare earths processing. But this chart from the FT illustrates how much China also dominates the actual supply of raw ore, too.

do you have a sense of how relevant this new discovery is for the US? I saw it a while back but haven't heard much follow up.

Reporter and writer. I cover energy, climate change and geopolitics. Contact me via my website www.alexanderckaufman.com and subscribe to kaufman.substack.com.

building sidequest.build https://twitter.com/codybrown

The big problem, as I understand it from my reporting, isn’t finding domestic rare earth deposits but getting processing capacity up and running. In theory, however, reserves that can be mined beget refineries. So we’ll see. The other issue is money and permitting. The Biden admin was eager to support the former, even if Democrats couldn’t get their act together on permitting reform. This could be an area where Trump and the Republicans make real progress.

do you have a sense of how relevant this new discovery is for the US? I saw it a while back but haven't heard much follow up.  https://www.msn.com/en-us/money/companies/wyoming-s-rare-earth-find-challenges-china-s-market-hold/ar-AA1u6i6i?ocid=IE11FREDHP

China actually wants to be everywhere and in every sector, the competition with the US is so obvious

China wants to compete with the US in terms of power over other countries

kaufman 1h

Is this really news to those in power, who operate free from public opinion? It’s just the same cycle repeating—50 years isn’t that long in the grand scheme.

Why Xi turned on the US a decade ago—who knows? But one thing stands out: US leaders seemed content to share their fiat, faith-based currency system for nearly a century. Fiat, yes—but not the power that comes with it.