The law of supply and demand should dictate that the United States be more aggressive in meeting the increasing demand for minerals.
With demand spiking because of a need for metals that are used in electric vehicle batteries, wind turbines and the solar industry, it makes no sense that politicians are not enacting policies to release entrepreneurs to provide supply using cutting-edge, environmentally friendly technology. We rely on
Japan has conducted extensive exploration of its national waters and plans to extract rare earth minerals from its seafloor clays starting this year. CNBC reported on Jan. 29 that “essential metals such as cobalt, nickel, copper and manganese can be found in potato-sized nodules,” which are of greatest economic interest.
In an election year, it makes sense for politicians to promote the idea of mineral independence. Much like both parties have pushed the idea of energy independence, the idea of mineral independence would forward national security concerns because of the current reliance on
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