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China Tightens Grip on Rare Minerals
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01-10-2009, 07:06 AM
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Casyimipist
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Oct 2005
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Yeah I was thinking the same thing. Remember though that even when oil was 150 a barrel...it was still a deal in terms of how much energy you could derive from that same barrel of oil. There is nothing comparable yet and these minerals may be the same deal in some respect at least when it comes to the materials needed to make car batteries and military components...it's just a matter of being shortsighted I suppose and risking the depletion/loss of your national resources or the costs of war to expropriate other nation's resources for short term gain...part of human nature I suppose. I guess the lesson that the inhabitants of Easter Island supposedly learned is not a concern until its too late
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