$Northern Dyn Too timely that...
"China is exploring limiting the export of rare earth minerals that are crucial for the manufacture of American F-35 fighter jets and other sophisticated weaponry, according to people involved in a government consultation."(Financial Times)
That...
"the newer single-crystal third-generation alloys contain 6% of rhenium; they are used in the F-22 and F-35 engines." (Wikipedia)
That rhenium has...
"an estimated average concentration of 1 part per billion (ppb), rhenium is one of the rarest elements in the Earth's crust."(Wikipedia)
And that...
"By way of comparison, the United States Geological Survey calculated the total amount of rhenium in global resources at 11 million kg at the end of 2019. This means the new calculation for Pebble has bolstered the world's known rhenium resources by roughly 38%." (Shane Lasley)
Finally, whether a fan of the American military industrial complex or not one must acknowledge the influence in policy and decision-making relative to government.
I am betting on Pebble Mine. Copper on the move. Rhenium in incredible abundance on American soil. Gold plentiful. China rare earth tensions growing. FED fiat currency printing.
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