Let's Make America a Mineral Superpower

Townhall | 2/13/2018 | Staff
j.moomin (Posted by) Level 3
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Hillary and Obama Went Up the Hill...

Why is the United States reliant on China and Russia for strategic minerals when we have more of these valuable resources than both these nations combined?

Nothing - Impediments - Politics

This has nothing to do with geological impediments. It is all politics.

This is an underreported scandal that jeopardizes American security. As recently as 1990, the U.S. was No. 1 in the world in mining output. But according to the latest data from the U.S. Geological Survey, the U.S. is 100 percent import dependent for at least 20 critical and strategic minerals (not including each of the "rare earths"), and between 50 and 99 percent reliant for another group of 30 key minerals. Why aren't alarm bells ringing?

Import - Dependency - Decade - Imports - Metals

This import dependency has grown worse over the last decade. We now are dependent on imports for vital strategic metals that are necessary components for military weapon systems, cellphones, solar panels and scores of new-age high-technology products. We don't even have a reliable reserve stockpile of these resources.

Fortunately, the Trump administration is working to reverse decades of policies that have inhibited our ability to mine our own abundant resources, mostly in the western states -- Montana, Colorado, Wyoming and the Dakotas. In December the Trump administration issued a long-overdue policy directive designed to open up federal lands and streamline the permitting process so America can mine again.

Nation - Planet - Treasure - Chest - Metals

No nation on the planet is more richly endowed with a treasure chest of these metals than the U.S. The U.S. Mining Association estimates there are more than $6 trillion in resources. We could easily add $50 billion of GDP every year through a smart mining policy.

Environmentalists are threatening to file lawsuits and throwing up other obstacles to this pro-economic development mineral policy -- just as they oppose more open drilling for oil and gas. The stupidity...
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