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Sweden finds the largest deposit of rare earth metals in Europe
Hello from cloudy and soon to be snowing, Colorado. The big news of late is that in Sweden, a state-owned mining company, has announced that it’s found a million metric tons of rare earth oxides. And a lot of folks are saying, you know, this is what’s going to break China’s stranglehold on that space.
Rare earth metals are used in a lot of different technological applications. A little goes a long way. They’re used in everything from sunglasses to photo development to green tech to semiconductors. So kind of a big space, and the Chinese do dominate at the moment about 90% of total supply. But I’m really not all excited about this Swedish announcement for three big reasons.
Number one, this is Europe, and you don’t have to find a lot in the ground for it to be Europe’s largest deposit of anything. So a million tonnes of oxides sounds like a lot. But generally out of every tonne or two of rock, you only get about an ounce of material. So while a little does go a long way, this really isn’t all that much.
Second, this is still Europe, and the Swedes themselves are saying 10 to 15 years before the first stuff makes it to market. The technologies involved in purifying rare earth requires several 100 vats of acid as you slowly dissolve and then tease out the materials from one another. They all have similar physical characteristics and atomic weights. So separating them is very difficult, and honestly a little toxic.
Third, but most importantly, it really doesn’t matter because we really don’t have a rare earths problem. And yes, yes, yes, 90% do come from the Chinese. But there’s a few things about rare earths that most people just have forgotten.
Argentina President-elect Javier Milei is no Donald Trump
Argentina’s president-elect, Javier Milei, a former TV pundit known for his blunt style and comparisons to Donald Trump, plans to cut government spending, dollarize the economy, and eliminate key institutions. Analysts expect Milei may need to moderate his approach after taking office. Straight Arrow News contributor Peter Zeihan dismisses comparisons to Trump, emphasizing Milei’s distinctive
Why I’m done with Twitter (X) … and Elon Musk
X, formerly Twitter, has lost half its value since Elon Musk’s acquisition. The social media platform has witnessed a mass exodus of major advertisers and a substantial departure of users, including numerous celebrities. The mass exit can partially be attributed to the changes implemented by Musk, which some argue have worsened the spread of misinformation.
Small nuclear reactors are not the future of energy
As the United States seeks to shift away from the fossil fuels that have been the backbone of its economy for over a century, many Americans now favor using nuclear power. Companies are investing in the development of small, modular nuclear reactors, with the belief that they can be constructed more quickly and cost-effectively. However,
Can thorium solve the nuclear problem?
Many countries consider thorium a viable and attractive option for generating power and meeting their growing energy needs. Thorium is more abundant in nature than uranium and China has already completed its first experimental thorium-based nuclear reactor. But a substantial number of global nuclear reactors rely on uranium, and transitioning to thorium would require considerable
Why can’t we explore the Arctic?
With a frigid and hostile environment, the Arctic is one of the last frontiers yet to be fully explored. As climate change gradually melts the polar ice caps, revealing vast reservoirs of untapped fossil fuels, the question emerges: Which nation will assert its claim over the untold resources of this remote region? Straight Arrow News
Stories each side is underreporting
Anti-Abortion Medical Groups Sue to Stop Washington Inquiry
6 sources | 0% from the left
Georgia Republicans advance House and Senate maps as congressional proposal waits in the wings
20 sources | 6% from the right
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In addition to the facts, we believe it’s vital to hear perspectives from all sides of the political spectrum. We hope these different voices will help you reach your own conclusions.
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