Reply to thread

Message

<blockquote data-quote="John Roberts" data-source="post: 25160" data-attributes="member: 126">Re: NeodymiumThe Chinese have invested heavily in stockpiling rare earth metals, and many others not rare but now scarce. I don&#039;t know if this was monopolistic intent or just good industrial policy (for them) and fair use of all their excess dollars. The world mining industry has responded to bring more capacity on line, but this will take years. I read a piece a few months ago about one of the electric car makers investigating electro-magnets to replace the rare earth permanent magnets in some of the big electric motors. But that will still take copper, and iron, and.... not to mention that electric cars probably wouldn&#039;t exist without subsidies. There have been significant rare earth deposits discovered in Afghanistan, but they are too busy embracing primitive ways and old fights, to notice. It would be nice to have another national industry besides poppies and heroin.&nbsp; JR</blockquote>

[QUOTE="John Roberts, post: 25160, member: 126"] Re: Neodymium The Chinese have invested heavily in stockpiling rare earth metals, and many others not rare but now scarce. I don't know if this was monopolistic intent or just good industrial policy (for them) and fair use of all their excess dollars. The world mining industry has responded to bring more capacity on line, but this will take years. I read a piece a few months ago about one of the electric car makers investigating electro-magnets to replace the rare earth permanent magnets in some of the big electric motors. But that will still take copper, and iron, and.... not to mention that electric cars probably wouldn't exist without subsidies. There have been significant rare earth deposits discovered in Afghanistan, but they are too busy embracing primitive ways and old fights, to notice. It would be nice to have another national industry besides poppies and heroin. JR [/QUOTE]

Verification