I concur, I don't know why people have such confidence of the west carrying out industrial policy when the west have failed every industrial policy in the last twenty years
News on China's scientific and technological development.
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I concur, I don't know why people have such confidence of the west carrying out industrial policy when the west have failed every industrial policy in the last twenty years
3-5 years is impossible because the West is effectively starting from scratch, and they have no practical experience to draw on, and no tooling to enable any of this.
The US is going to aim for 5 years because it simply cannot plan for longer periods. The most optimistic time estimate is going to be 10 years before rare earths products get produced in any decent quantity. But because American industrial policy is dysfunctional, it's going to be about 15 years.
China will still cut off military and dual purpose rare earths products so the incentive is there for the US to go full bore on replicating the industry.
Stop spreading fake news
According to Sharif’s office, the partnership will immediately begin the export of “readily available minerals” – including antimony, copper, gold, tungsten and rare earth elements – from Pakistan.
The statement added that the MoU aims to spur the eventual establishment of a specialised refinery in Pakistan to produce “intermediate and finished products dedicated to meeting the rapidly growing demand of the US market”.
The MoU is not a binding mining licence, rather, analysts say, it is an early-stage instrument that signals interest.
“From the USSM’s side an MoU gives goodwill at early stage in potential projects that may come, while the broad nature of the MoU means that whatever deposits show the most potential quickest can come online quickly,” Zain Kazmi, chief operating officer of Islamabad-based Capital Strategies Group and an adviser to the Washington DC-based Critical Minerals Forum, told Al Jazeera.
Interesting theory on why the REE restrictions came now and not earlier:
broadsword
Brigadier
Not 2x or 3x, but
China's 108-arm cotton topping robot trims buds 120x faster than humans
They will take decades to do this thing, way after their economies go bankrupt.
haha, that's not complete at all.
I actually came back with a full list from the past year.
And my list is of course not complete, but I don't want to talk about some of the more sensitive ones.
broadsword
Brigadier
Slave laborers cry in despair as their iron rice bowls are broken.
XCMG and Sinopec Shipping Company successfully signed a contract for the world's first 14,000-ton rail-mounted crane.
This pioneered the application of electric direct drive technology. Through extensive testing and optimization, it achieved over 30% overall energy savings and a 25% increase in operating efficiency.