U.S. Department of Defense Spending on Renewable Energy Programs to Accelerate Rapidly during the Next Decade
Lots of words but in the end, it does not add up to anything. The US government could care less about N. American are earth miners since it knows full well that China is never going to confront the USA in the issue of exports to America. The two countries are far too interdependent for China to allow any kind of cutoff in rare earth exports, and to do so would be like China shooting itself in its own foot. A genuine reduction in rare earth exports by China to the USA is an absolute impossibility.
last I looked the rare earths are in the RED, looking extremely bearish, same as always.
Why do the rare earth pumpers persist in spreading nonsense when the market so obviously places no value of any kind to the entire sector? Most importantly, why do amateurs persist in purchasing call options in rare earth when they end up worthless by expiration date?