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
We’d need to mine the rare earth metals at a loss. Nobody’s getting rich off them.
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.
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.
So people will buy them if China cuts off supply… sounds like they’re profitable.
I don’t get why you’re simping for corporate welfare mate.
Deceptichum@quokk.au 3 weeks 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.
Tenderizer@aussie.zone 3 weeks 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.
Deceptichum@quokk.au 3 weeks ago
So people will buy them if China cuts off supply… sounds like they’re profitable.
I don’t get why you’re simping for corporate welfare mate.