Unless they get busy processing US will have mountains of stock piles of unusable raw material.
From the Straits Times
"The White House did not immediately provide details of the executive order. Reuters previously reported that Mr Trump would seek to build metals refining facilities on Pentagon military bases and likely use national security powers to boost production."I also signed an executive order to dramatically increase production of critical minerals and rare earths. It's a big thing in this country," Mr Trump said during a White House event on March 20 to sign an executive order shutting down the US Department of Education.
"Former Newmont executive David Copley has been named to oversee the mining portfolio for the US National Energy Dominance Council, two sources familiar with the appointment told Reuters.In the new role, Mr Copley will be the highest-ranking person in the federal government shaping mining policy, one of the sources said.Mr Trump also said on March 20 that the United States will sign a minerals and natural resources deal with Ukraine shortly. REUTERS"
LYC Price at posting:
$7.46 Sentiment: Hold Disclosure: Held
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