rare earths

“But right now, China controls 80% of the supply of rare earths.”

“China has done a masterful job. They control, you know, a lot of the lithium, a lot of the nickel, a lot of the cobalt, a lot of the graphite. They control a lot of the rare earths that go into the permanent magnets.”

“The real in future markets that really matter is in robotics because these permanent magnets are the key input to the actuation mechanism of the robots, meaning how do the robots move? How do the joints move through actuation? That happens because of rare eart…”

“This started in 2007 or eight with Hu Jintao, and what he basically said is we're going to create six or seven national champions, and he wanted to create them in the critical areas that they needed to dominate over the next 20 years, and one of those was rare…”

“There could be well over a thousand times the proven reserves of rare earths in the existing proven reserve catalog using new discovery techniques.”

“Yeah, but it's not rare. It's what you have to do to the land is aggressive, and what's rare is the, is, is where the, where are the places they'll let you do it that you can also sort of get people to.”

“Rare earths are everywhere, and the technology to extract rare earths is going to allow us to have a huge abundance of them, but the problem is processing them. That's the problem.”