Tuesday, August 27, 2024

China Poised To Cut Off US Military From Key Mineral As America’s Own Reserves Lay Buried Under Red Tape - THE DAILY CALLER - Nick Pope

The Chinese government announced on August 15 that it will restrict exports of antimony, a critical mineral that dominates the production of weapons globally and is essential for producing equipment like munitions, night vision goggles and bullets that are essential to national security...
  • Perpetua Resources, an American mining company, has been navigating red tape for years to develop a mine in Valley County, Idaho, that could decrease reliance on the Chinese supply of antimony, but the slow permitting process is getting in the way, energy experts told the DCNF.
  • It can take years to secure all the necessary approvals and permits to develop a mine like the one Perpetua Resources is trying to operate...

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