Marco Rubio Introduces a Bill to Boost the U.S. Rare Earth Industry

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Marco Rubio introduces a bill aimed at blunting Chinese dominance of the rare-earth industry, which he says 'threatens our national security, limits our economic productivity, and robs working-class Americans of future opportunities for dignified work”

The bill by Sen.

Marco Rubio , would allow investors to form a cooperative that is exempt from antitrust laws, in an attempt to shield it from government-backed competition from China and volatile markets that have made it virtually nonexistent in the U.S. The Secretary of Commerce would secure a charter for the business, though it would need to be...

Source: News Formal (newsformal.com)

 

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Get back to me when China starts arming and aiding al Qaeda in Syria and Yemen (ISIS) against a regime that has no offensive capabilities. Im so old I remember when al Qaeda was a US enemy

I agree with this. Our pants are down on Rare Earths. We did not follow thru with production 10yrs ago when China made them a problem. Projects died when China dumped the costs . We should have subsidized like them for National Security.

La Ingenious Knight of La Mancha, considering the SUCKING sound began around same time 🕰 Rubio showed up in Tallahassee in diapers last century & he should have been el hefe since old school GOP knew as much about computer 💻 back then as now, except pole 🕺🏻 AL gore rhythm

in Afghanistan..

I can only implore people to look closely at legislation introduced by this shill.

Sounds like 9x5

Im sure it's an empty gesture like the rest of Little Marco's life.

Finally SOMEONE in the US government other than realDonaldTrump and his diehard supporters have come to realize that China is an ENEMY of the US

Little Marco just wants to stay relevant

Go whenever you want

But I’m sure he has a quote from the Bible for that.

Rubio is a threat to national security with entire GOP SCUM

when did he change his name? I thought his name was McCarthy Rubio.

marcorubio Since when do you care about any of those things?

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Wyoming may hold the key to the rare earth minerals trade war with ChinaAmerica depends on China for 80% of its rare earth imports. But mining experts say Wyoming may play a key role in making the U.S. mineral-independent: Its Bear Lodge mountain range is home to one of the richest and highest-grade rare earth deposits in the country, with an estimated 18 million tons of rare earth inside. Afaik, rare earth isn't that rare, Australia and Russia also sit on large deposits. But China extracting them for lower labor costs made it uneconomical to extract elsewhere. If they were to stop selling it, it would suddenly be very profitable, so it's not much of a card. Element 115 ? I'm fairly certain America has immense amounts of rare earth metals. There used to be more steel mills here than anywhere in the world. Let's get those furnaces fired up
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