Post by
metalhead666 on Apr 22, 2024 5:12pm
Madagascar has 75% poverty and looming civil war....
One of the worst possible places on the planet to OVERPAY for some sand by a factor of 3! Will the barges of dirt be run up the Mississippi River or trucked from a port on the West Coast...how many miles is that? There's barely a government at all there and its as likely as not whatever government is the flavor of day could extort or shut down the pit. What a stupid stupid decision and waste of resources especially since a ton of money is going into alternative materials for magnets and EV sales are slowing.
Having a source for rare earths in the US is a great idea....overpaying for a hole in the ground in one of the worst countries on the planet, half a planet away is not. What happened to all the clays from N Caroilina?