The numbers vary some
country to country. However, all of these countries are reliant on China for a significant percentage of their critical minerals. The Covid pandemic should make it obvious that China is just not a dependable honest partner. Evidence is starting to accumulate that this virus may not have occurred naturally rather it came out of a Chinese lab. The Chinese have refused to provide any evidence that might confirm or contradict this theory. This should help to further convince countries that they must secure alternate supply chains. Now we hear that the Biden administration is considering “mine it elsewhere, refine it here.” This is ludicrous. A supply chain is only secure if all the links in the chain are secure. A chain with a few missing links is useless. Mining and processing these minerals at Elk Creek would produce a secure complete supply chain for at least some of the critical minerals. Biden needs to explain to the “enviro” wing of his party that your green revolution will not happen without these minerals. It will not happen unless we have a secure dependable supply of them. They will not be produced and refined in a manner that respects the environment unless that happens here.
The really discouraging part is that much of this is not new news. China played games with world economics at least ten years ago. Look at Mountain Pass and Molycorp. Various countries have printed lists of critical minerals. They get revised every few years. But very few countries have actually done anything beyond meetings, task forces, studies, and lists. Perhaps this pandemic and the possibility of a lab leak will convince some governments that it is time to actually address this issue.
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