Post
Topic
Board Economics
Re: Minerals, Money, and Power
by
EarnOnVictor
on 08/09/2025, 18:27:33 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.
I don't know the reason for this reply, but it's clear that you are misrepresenting fact. It's only a country that doesn't mean the earth well that will not want electricity vehicle.

Fine, the US, China, EU and a few other top world countries are pushing the narrative, but have you asked yourself, if they don't, who will? No one of course. This is simply because others are only following, they can't lead. Those countries own the technology.

So this doesn't mean they don't want it, but how do they get it? The transition from the combustion engine to electric engine has started, it is only a matter of time for fuel engine to fade off.