Biden is Angry! China smashes USA-Mongolia $820 Million Rare Earth Strategic Cooperation #usa
#china #chinanews #mongolia #usa
✨✨✨✨✨✨✨✨✨✨✨✨
As a superpower, the United States is as high as 100% dependent on rare earth imports. However, China produces about 200,000 tons of rare earths every year, almost monopolizing the global rare earth market. At the same time, about 80% of the rare earths imported by the United States depend on China. Once China restricts the export of rare earths, the development of the United States will fall into a certain predicament.
In order to solve this problem, the United States is actively seeking to establish strategic partnerships with other countries on rare earths. In this effort, three countries including Australia, Vietnam, and India have become partners of the United States. They have received financial support from the United States to improve the mining and refining technology of rare earths, aiming to supply rare earth resources to the United States as much as possible.
However, in addition to the above-mentioned countries, the United States has recently turned its attention to the mongolia country again and signed a key rare earth strategic cooperation agreement with it. In the future, the United States will invest 820 million US dollars in the mongolia country, most of which will focus on the rare earth field.
According to the plan, this investment plan will be gradually implemented in three phases in the next 3-5 years, the main goal is to assist mongolia country to increase the production and supply capacity of rare earths.
First of all, the first phase of investment will provide mongolia country with US$35 million, which is mainly used to assist mongolia country to purchase rare earth extraction equipment, aiming to increase rare earth production to 10,000 tons within one year.
Subsequently, in the second phase, 300 million U.S. dollars will be invested in the construction of a rare earth refining base in the mongolia country to further enhance the mineral mining capacity and the level of rare earth extraction technology. Through this stage of investment, the production of rare earths in the mongolia country will reach 50,000 tons, providing more rare earth resources for the United States. most
Finally, in the next three years, the United States will continue to invest 485 million US dollars to improve the rare earth supply chain in the mongolia country. According to forecasts, once the investment plan of the United States is fully implemented, the mongolia country will be able to produce 70,000 to 100,000 tons of rare earths and export them to the United States.
However, what is surprising is that the cooperation between the United States and Mongolia on rare earth mining may not be carried out smoothly, and may even be sabotaged by China. What is going on?
----------------------------------------------
1 view
7
1
1 month ago 00:28:38 1
La INMIGRACIÓN provoca una OLA DE VIOLENCIA en SUECIA... ¿Por qué? - @SoloFonseca ft. @MigueldeLys
1 month ago 00:01:07 1
李强会见美国财政部长耶伦/Li Qiang meets with US Treasury Secretary Yellen
1 month ago 00:35:48 1
SCOTT RITTER: GEOPOLITISCHE REALITÄT IM SPIEGELBILD VON PUTINS WAHLSIEG
1 month ago 00:10:10 1
Biden Impeachment Hearing & Major BRICS Financial Announcements Occurred During Solar Eclipse #EBS
1 month ago 00:03:45 2
Drill Sergeant DePalo X The Kiffness - I Left My Home (Live Looping Cadence Remix)
1 month ago 00:15:22 1
The Cause of All War in the Middle East
1 month ago 00:13:29 1
Colonel Douglas Macgregor Reveals TRUTH About US Government!
1 month ago 00:13:29 1
INSANE Footage: IDF Ambushed in Gaza by Resistance Fighters
1 month ago 00:22:21 1
Fast and Factual: Biden, Japan PM Kishida Announce Stronger Defence Ties in State Visit
1 month ago 00:08:44 1
America’s Big Chipmaking Blunder
1 month ago 01:05:00 1
Gerontocracy, Geopolitics, and the Sabotaging of America’s Future | Dave Rubin
1 month ago 03:28:53 1
Israel Kills Sons of Hamas Leader, Resistance Strike Back, Biden Potential Assange Pardon, and more
1 month ago 00:22:10 1
Hamas Leader’s Children Assassinated on Eve of Ramadan
1 month ago 00:04:47 2
Ismail Haniyeh Repeats Ceasefire Call After Sons Killed | Dawn News English
1 month ago 00:00:54 1
Girl who lost all her family members in Gaza sends a message to President Biden
1 month ago 00:03:19 1
Air drops & air strikes: Gaza’s aid fallacy
1 month ago 00:00:40 1
Joe Biden says pro-Palestinian protesters ‘have a point’ | SBS News
1 month ago 00:04:30 1
Putin’s North Korean Ally Warns Of War; Biden Says ’Open For Talks With Kim Jong-un’
1 month ago 00:00:59 1
Jeffrey Sachs: Israel wants the US to go to war with Iran
1 month ago 00:02:52 8
Texas, Arise - The Cuba | From Russia with Love
1 month ago 00:05:16 3
CRUX (Индия): Bidens’ Ukraine Link Back in Focus, Russia Alleges Terror Financing Link To Moscow Attack Case
1 month ago 00:34:38 1
“They are EVIL” Former Democrat Exposes Party’s WICKED Plans
1 month ago 00:26:08 1
Putin’s troops gain ground: How will Germany and the West respond? | To The Point
1 month ago 00:24:16 1
Macron is changing NATO stance on Ukraine. Bernard-Henri Lévy, interview (BHL)