IS TRUDEAU GETTING SMART, SCARED OR BOTH?
https://www.barchart.com/story/news/11504428/canada-fm-warns-businesses-against-deepening-china-ties
Thanks much Jean!
For sure China is getting more and more powerful and doing all the right things to get there.......while not being concerned about human rights.
MCGA is their slogan and there's nobody to get in the way..............only take out the A and called it Make China Greater.
With the current trajectory, it's impossible to imagine them not becoming even much more dominant..........to the point of them controlling many global realms.
https://www.marketforum.com/forum/topic/90429/#90435
The sales of electric cars are booming, but the rising demand for transition minerals will pose a challenge for the mining industry.
https://www.mining-technology.com/analysis/concerns-for-mineral-supply-chain-amid-booming-ev-sales/
Another challenge for the future supply chain is that unlike some fossil fuels, many of the minerals essential for EVs are produced in just a handful of countries. Over half of the supply of minerals needed for EV batteries comes from the top three producing countries.
In 2020, Australia was responsible for 48% of global lithium production. For graphite, China is the world’s main supplier, with nearly 79% of global production originating from the country. In the same year, the Democratic Republic of the Congo (DRC) supplied 69% of global cobalt.
With regards to rare earth metals, China has most of them!
https://www.statista.com/chart/18278/global-rare-earth-production/
https://geology.com/articles/rare-earth-elements/
Note the amount of reserves below:
World Mine Production and Reserves | ||
| Country | Production (Metric Tons) | Reserves (Metric Tons) |
| United States | 38,000 | 1,500,000 |
| Australia | 17,000 | 4,100,000 |
| Brazil | 1,000 | 21,000,000 |
| Burma | 30,000 | not available |
| Burundi | 500 | not available |
| Canada | -- | 830,000 |
| China | 140,000 | 44,000,000 |
| Greenland | -- | 1,500,000 |
| India | 3,000 | 6,900,000 |
| Madagascar | 8,000 | not available |
| Russia | 2,700 | 12,000,000 |
| South Africa | -- | 790,000 |
| Tanzania | -- | 890,000 |
| Thailand | 2,000 | not available |
| Vietnam | 1,000 | 22,000,000 |
| Other Countries | 100 | 310,000 |
| World total (rounded) | 240,000 | |
+++++++++++++
China Dominates the Rare Earths Supply Chain
China knows a few things about energy security too!
Energy security vs Energy insecurity