Mining is a four letter word is some communities. The U.S. continues to shut down mines, but the fact of the matter is that other critical minerals are used in our every day lives. From your smart phone, to technology for renewable energy; these minerals are vital in production. Meanwhile, China owns 80% of these minerals; and we must rely on them for production of goods. Don’t forget to check out other stories from our Top 5 Stories in Energy This Week.
“People need to realize, Foss said, when they’re looking at the falling costs for renewable-energy technologies and energy storage, that those costs depend on a supply chain controlled in part by China.”
Read more – Forbes