Post
Topic
Board Economics
Re: Minerals, Money, and Power
by
davis196
on 08/09/2025, 06:52:36 UTC
Quote
Every country wants green tech, electric cars, and cheap gadgets. But nearly all of this depends on minerals like lithium, nickel, copper. And China controls most of it. They buy mines everywhere, use government money to outbid others, and even let their companies lose money if it means locking up supplies for the future. They even run the factories that turn raw minerals into finished products

Fact: China processes 90%+ of the worlds rare earths (69% in mining production). For cobalt, lithium, copper, it is frequently more than half

Now Western countries (US, Europe, Australia, etc.) are worried. They talk about “friendship” and “safe supply chains”, but what are they really doing? Mostly, they throw money at big companies or make new trade groups, but still depend on China’s factories and technology

At the same time, local people in Africa, Asia, and South America are tired of outsiders (East or West) controlling their resources. Sometimes they just take over mines and switch partners

Not every country in the world wants electric vehicles and green tech. The western countries are the ones, who want electric vehicles and green tech. Maybe China also wants EVs and solar panels, but they have all they need, in order to produce EVs, gadgets and all sorts of stuff.
The western world must step out of the comfort zone and start mining for rare earth minerals. I'm sure that there are rare earth minerals in the USA and Canada, but all this "environmentally friendly" propaganda is stopping a lot of mining companies from investing in mining.
The western world wants rare earth minerals, but without the "mining pollution". This is nonsense and it will lead to increased industrial dependence to China and other non-western countries.