Comment on Australia offers Europe, Japan, other allies to sell stakes in its Critical Minerals Strategic Reserve to counter China's control over supply chains

Tenderizer@aussie.zone ⁨2⁩ ⁨days⁩ ago

• slazer2au@lemmy.world ⁨2⁩ ⁨days⁩ ago

  Would rather they be tax payers rather then shareholders then at least we get something back from their pillaging of natural resources.

  source

  • Tenderizer@aussie.zone ⁨2⁩ ⁨days⁩ ago

    We’d need to mine the rare earth metals at a loss. Nobody’s getting anything back from mining them.

    source
• Deceptichum@quokk.au ⁨2⁩ ⁨days⁩ ago

  Considering companies exist to serve shareholders, why would we want that? “Oh hey world, do you want our resources? Come get fucking rich off of them instead of us”.

  source

  • Tenderizer@aussie.zone ⁨2⁩ ⁨days⁩ ago

    We’d need to mine the rare earth metals at a loss. Nobody’s getting rich off them.

    source

    • Deceptichum@quokk.au ⁨2⁩ ⁨days⁩ ago

      Everybody using them would be getting rich off of them. They’re not buying them for fun but because they enable them to build and sell more shit.

      source

      • Tenderizer@aussie.zone ⁨1⁩ ⁨day⁩ ago

        Chinese rare earth minerals are super cheap. Nobody would buy them if we charge more unless China cuts off supply, and that’s a military anxiety rather than anything the market sees opportunity in.

        source

        • -> View More Comments