Comments by "Van To" (@namelesswarrior4760) on "Rare Earth: How the US plans on rivaling China in the production of critical earth minerals" video.

This guy will be broke in 2yrs lol
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Yep! By 2050!
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@markconrad9619 All the Red tapes, Bureaucracy and Environmental groups will slow him down for years! He'll have to pay for all sorts researches and Environmental impact studies to please all kinds of groups in order to get their support! The reason that western countries left it to China to do this specialised refinement work in the first place is because of the huge out lay of initial capital to set up specialised equipments, hiring qualified specialists and skilled staff then there is the operational costs and maintenance of the plant! The company would need to produce on a large scale to guarantee supply consistency and sell it at costs comparable to or cheaper than China to have any chance of luring the major players away from China! Let's say it costs $200 million to set up this kind specialised plant in China as an example then it will costs at least double if not triple to set up the same plant in most western countries because higher wages, taxes etc etc. I can go on but you get the idea!
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@chadgates Yes! I thought that the US government don't approve of government agencies funding private entities cos it creates an unfair disadvantage for other players that don't get gov't funding that's why the US government keeps criticising the Cbinese and Russian gov't of doing all the damned time! So why is it ok to for the Pentagon to "invest" in JHL group? Is it because the US is the greatest and can do what they want? Oh wait! They have been doing it forever! I think the term is hyprocrites and the US is the global "Gold Standards". Also just cos JHL is going public on the exchange doesn't mean they are home free just yet! In 2018/19 China produced 120,000 metric tons of rare earth and the US produced 15,000 metric tons. I mean it's just a number right? Even if the US can eventually match the numbers(which is highly doubtful US source), they cannot match the price due to the high costs of producing anything in America nowadays. That's why most of your manufacturing giants bailed on you in the first place just so the average american joe blow can live a moderately modern lifestyle with low costs products from what you white folks like to refer to as "3rd world" countries produced by "3rd world peoples".
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Audio China is still here
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