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by ghein
2880 days ago
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People here really misunderstand and misapply the concept of economically viable to extract. As cheaper sources are exhausted, the more expensive ones become viable. So we won't run out on the projected time horizon. The main reason why US and Australian rare earth production has gone away is because Chinese sources are so much cheaper (aka no pollution or safety regs). No production, no exploration, and no development of rare earth sources. As cheap production goes away, people again look for, build, and use other sources. |
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