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Saturday, May 19, 2012

United States reliant on other countries for rare earth minerals.


http://www.humanevents.com/article.php?id=51301

“The United States is heavily reliant on foreign countries such as China for critical minerals that are the building blocks of our economy and imperative to renewable energy development, military technology and the manufacturing of nearly all of our electronic devices,” said Rep. Doc Hastings (R-Wash.), chairman of the House Resources Committee.

http://thehill.com/blogs/congress-blog/energy-a-environment/227217-mining-policies-threaten-national-security-and-economy

Here we are again: at the mercy of a foreign government for a natural resource essential to our economic and national security. President Obama’s recent announcement that the United States plans to file a case with the World Trade Organization against China’s export restrictions on rare earth minerals highlights the under-reported fact that our nation’s reliance on foreign minerals is even more pronounced than our dependence on foreign oil.

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