Breaking Dependency on China, Russia Requires Political Sacrifice: Mining CEO

America is currently in no position to shake dependency on China and Russia for key minerals needed to manufacture much of the technology powering modern civilization, the chief executive of a global mining company said. The push to rapidly reduce carbon emissions further complicates the situation as it requires even more of those minerals, he told The Epoch Times.
“We are placing more and more demand on the strategic metals of which the only real purveyors … are the very countries you want to diversify away from,” said Lewis Black, chief executive of Almonty Industries, one of the few significant tungsten producers outside China….

Source link

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.