So its basically official from articles above and below...
Biden is heading to Europe to discuss strengthening supply chains of Neodymium.
GGG has at least 37 to potentially 100 plus years of neodymium produced nonrefractory at a low cost of less than $4/kg which undercuts even Chinas $6/kg. If you want to secure supply. Wouldnt you want to liberate a supply that costs less than what even China can produce if China have a history of putting your own mines into bankruptcy by undercutting them and may well try doing so again? Mountain Pass suffered this as we know. So the US is well aware of the need to produce as low as possible.https://kalkinemedia.com/au/news/stock-market/greenland-minerals-well-positioned-to-become-globally-significant-rare-earths-supplier
A resource surely needs to be in close proximity for strategic reasons.
GGG is all right on the US doorstep. All influenced by Denmark. The supply isnt coming from further afield at a higher cost which lends itself to again being in jeopardy
Can the dots being joined actually get any larger for GGG?
So could someone please send me a pic of Biden in John Mairs office?
Biden seeks to unite allies on China President Biden will try to unite allies behind a common approach to addressing a rising China when he travels to Europe on his first overseas trip as commander in chief.The White House on Tuesday directed the Commerce Department to consider possible tariffs on neodymium magnets, of which China is a leading manufacturer.
https://thehill.com/homenews/administration/557544-biden-seeks-to-unite-allies-on-china
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So its basically official from articles above and below...Biden...
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