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Alias Born 12/18/2019

Re: rstar post# 444

Friday, 12/20/2019 11:23:29 AM

Friday, December 20, 2019 11:23:29 AM

Post# of 1330
Our new submarines require somewhere around one ton per sub as well. Everything that has smart technology requires it. 5G phones,(more than 1billion 5G phones will be sold in the next 24 months) self driving cars, and wind turbines have hundreds of lbs each. Demand will skyrocket and not even China will keep up. Being able to produce refined domestic supplies is absolutely critical. For the military and our own technology economy. Whoever holds the rare earth capability will hold the power in this new era. We need to figure out who can produce the magnets domestically because that’s another area that will see growth from this technology boom.
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