You can’t turn on your phone, start an EV or use most connected devices without them, yet we still are beholden to China or the slave labor children who dig it up.
Politicians will have to “approve” the go ahead to mine them and save us a lot of supply chain problems and lower costs to the middle class, the current group being rogered by Congress.
The biggest hurdle is that China’s domination is in place as a lot of politicians are on the Chinese payroll and won’t approve the things best for the American people.
As you go to the election booth this year, watch and see if they help you, or help themselves to another serving of lobbyist money courtesy of China.
Now I have some good news to share. Our country could soon surpass China as the world leader in rare earth minerals after more than 2.34 billion metric tons were discovered in Wyoming.
American Rare Earths Inc announced that the reserves near Wheatland dramatically surpass the Asian nation’s 44 million metric tons, saying it ‘exceeded our wildest dreams’ after drilling only about 25 percent of the property.
The company has a stake in 367 mining claims across 6,320 acres of land in the Halleck Creek Project, along with four Wyoming mineral leases on 1,844 acres on the same project now called Cowboy State Mine.
The types of minerals at the site are used in smartphones, hybrid car motors and military technologies – among others.
Since China’s extraction ban, one company, American Rare Earths, has been working hard to expand our nation’s access options. It appears they may have struck the mother lode.
American Rare Earths Inc. has its sights on thousands of acres of land near Wheatland, Wyoming. The company disclosed in a technical report on Wednesday that it found 64% more rare earth minerals than it had originally envisioned in a March 2023 assessment of the land.
The newly disclosed figure of 2.34 billion metric tons of rare earth minerals found southwest of Wheatland by American Rare Earths Inc. could dwarf in size the 1.2 million metric ton estimates in northeastern Wyoming that one of its competitors claimed was one of the biggest discoveries in the world.
A metric ton equals about 2,200 pounds while a ton is 2,000 pounds.
“This exceeded our wildest dreams, and we only drilled on about 25% of the property,” said Donald Swartz, CEO of American Rare Earths.
The company is the U.S.-based unit of an Australian-founded exploration company working in Wyoming.
Another company is also working on another potentially rich site for these valuable minerals.
Ramaco Resources revealed it had found a deposit of rare minerals near Sheridan in Wyoming, that could have a value of $37 billion.
Ramaco Resources CEO Randall Atkins told Cowboy State Daily: “We only tested it for 100, 200 feet, which is about the maximum you’d ever want to do a conventional coal mine.
I can only hope we will eventually have politicians and policy implementers that permit us to develop these valuable resources.
Delusions of Adequacy 