Even with “going all out” would require a decade or two to make a dent. And it certainly won’t be the government doing it. The taxpayers for sure, but not one politician knows crap about making magnets and not many real Americans either. And the politicians just try to destroy the previous Presidents legacy no matter how intelligent it might have been. There’s just no way to build that supply from scratch and getting the politicians involved would only slow it down.
The task of magnetmaking and building high power magnet assemblies for ex China manufacturers is squarely in the hands of the Japanese industrial consortium behind LYNAS.
I thought Trump would re-embrace the LynasUS initiative on his return, but Amanda made some unfortunate remarks about Trump in the interim. They were not heavily reported but he heard them for sure. The liberal media teases this sort of commentary out of many leaders in an attempt to create drama, sway public opinion and draw viewers; would perhaps be more honest to simply report the news not try to create it but whatever.
LYC Price at posting:
$8.80 Sentiment: Buy Disclosure: Held
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