Google's done a great job in translating your comment because it is not only understandable but also in good English.

How do you make money recycling? If it could be a profit, there would be more. We are simply talking about the things that will cause our extinction. No one recycles, not even YOU.

According to my understanding, the so call rare Earth actually isn't all that rare, they are very abundant around the world, however, to mime them required not only special technology, as well as the mine will produce large environmental destruction or terrible pollution, many countries dose not want the mining process to carry out in their own country, like the US for example, they are sitting on a very large deposits of rare Earth, but can the US afford to sacrifice their environment for the mining process? Then the next step is the refinery process, the process also extremely polluting, many countries also dose not want the refinery process within their own country, only China willing to do it , and they did it for so many years, they have the most experience in this area, and holds the most technology patent for all sorts of rare mineral refinery, Japan also has some, but not as much as China. Any other country wish to develop the refinery process, it will require 10 - 15 years infrastructures and technology development, Donald Trump was planning to develop it, but the time and money investment was the biggest obstacle, it never happen.

Domo aregato for sharing your story 🌺

@@eveleung8855 That's all true, but you practically repeated what was said on the video.

Who are not even rare somalia got it all

@@jadetycoonjadeite4034 Somalia doesn't have the infrastructure necessary to make it a viable place to invest

@@sdprz7893 it's not what you think don't trust media it's perfect to invest and place to open minerals opportunity

@@jadetycoonjadeite4034 lol i'm somali myself and no its not

@@sdprz7893 Lmfao 😂

oh , give me a F break please :)))) Chinese hunted rinocerous to the extinction

Pollution, waste and environment destruction are externalities in this amazing economic system we call capitalism...

@@vilas69 It isnt just capitalism. China right now is the worst at environmental destruction and pollution and they are not capitalistic. It is a symptom of corporate greed...profits at any cost.

@@elonever.2.071 can't take you seriously if you say something like "China is not capitalist"...

@@vilas69 The CCP owns everything in China. How is that capitalist.

Thank you. Good point.

The problem is the amount of rare earth per square foot - unless something else is mined along with it you make a big hole for a very small amount of material. Economic isn't the only problem - a mine for rare earths is very wasteful, and messy if you don't bother to follow good protocol.

And latest rare earth refining patent + industry is in China hand.😂

There are three things people overlook when talking about rare earth elements. 1. In general, yes, the rare earth elements are not really rare. However, the heavy rare earth elements are rare and as far as we know, most of them are located in China, more specifically, the Jiangxi Province. This is probably a god-blessed gift for China. 2. China is the patent monopoly in this industry. It holds way more patents than the rest of the world, which creates a huge barrier for others to enter the game. 3. China's real tech advantage is in processing those minerals. China is the largest rare element exporter, but a big portion of the export actually comes from processing imported raw minerals.

@@silverbird425 Ya gotta do what ya gotta do! Can't let China dominate the industry!

Speculation is always bad when it looks easy just like the crash.

I heavily missed out on going into the market during the lockdown.

The real secret of building wealth is by having multiple streams of income. That includes both online and offline investments.

I'm new to the stock market, learned so much already online and obsessing atm, i need monitoring and guidance as i'm desperate to get into investing now, please can you share more info about your investment advisor?

i trade with TERESA JENSEN WHITE

Actually there are plans, but governments can't solve all problems by magic 🤦‍♂️ Everyone need to do their, for example by reducing their energy consumption.

The American or the European don't have the technology for it, also the refinery is extremely environmental polluting, the mining process already brings terrible pollution to your country, if you also have the refinery, I cannot image what your country going to be.

Congo has the biggest deposit of cobalt

Its good to be proud but lying is bad.

Congo have the largest mineral deposits in the world especially cobalt.

Thank you for pointing out his rubbish 🦅

One of the human races inherent qualities is our ability to make solving problems more difficult than it ought to be because of our laziness and greed. Willful ignorance also comes into play.

Exactly! Have you ever thought about why America so much stimulates this throw-out-and-buy-a-new-one culture? One main reason is: buy stimulating consumers to buy a new one instead of repairing the one they currently have, you artificially create market demand for new products and that implies in a stronger economy overall, since all the actors in the supply chain will be required again. I'm not defending this model, it's the opposite, I'm very critic of it. The average american consumes way more than the global average. That's in part what makes their economy strong and competitive, but it leaves such a ecological burden that it's not even close to sustainable. If we are serious about letting people from all nations thrive and have a proper lifestyle, with access to basic needs like water and electricity, then the US needs to give up on this exorbitant and reckless lifestyle.

There could come a time when cost effective is beside the point, if you're going to continue with the industry.

You got a license for that common sense?

………but but what about endless growth?

Or you can be friends with them and holding some technologhy or resources they dont have. There are always alternative ways to think about /deal with things. Its called economic globalization. 😂

@@isabelzhang6194 Both are great at stealing intellectual property, spreading disinformation to weaken their opponents and hacking the internet. There is no free speech, rule of law, property rights or freedom of movement.

If you rely to much from US, you will get sanction

Go diversity rare earth metal supply, I dare you 😂 What are you going to do? Snap rare earth mines out of thin air?

Relying on the US as a friend or foe for ANYTHING is often fatal.

Have you not heard of the great lakes?

@@Joker-no1uh American rare earth abundant are accumulated in western coast states, They lack of water.

Duh, but the dumbos thought it be good to have the worlds most corrupt government doing their bidding lol

Nkw they lost that to likley China

What is the use while the military burns more than ever? NATO fleet emissions are almost as huge as Germany even during peacetime and no one cares.

Tax Tax Tax.......🤦‍♂️

Should you do that your technology development will be slow like a turtles, our world is powered by fossil fuel, but our electrianic device and machine cannot functional without rare Earth, from airplane to setilliets, from military missile system to our smartphone, rare Earth is need it almost everywhere! The biggest country that exporting refined rare Earth is China, next is Japan, there is no such thing you can set a regulation how to control the pollution during process, good luck with your regulation, when you have huge out of stock high tech parts due to your silly regulation, don't cry when your dryer cost you like 100 times more, but then of course you can always hang your clothes to dry and hand washing your clothes 😂

Sounds good. Are you working on doing that?

@@eveleung8855 And you wonder why people don't trust you when you make comments like this.

Europe doesn't recycle as much as it should because consumers prefer quantity over quality. If you want to produce more, then you need to reduce the quality of the raw materials and production processes

@@PG-3462 Thank you for the reply! A point I had not recognised before!

You forgot about South America

Australia is the 4th largest producer of rare earths after China, US and Myanmar

Lots of people jealous of Australia. Must be annoying also that Australia is flattest nation on earth and making it cheaper to process. Just adds salt to wound..

@@orangecookie3132 too much jungle and too mountainous.. adds to costs..

@@paulfri1569 Stop exporting coal, iron ore, minerals and accelerating climate change...plant some gd trees!

Japan already using alternative to rare earth after China sanctioned Japan.

Thanks for sharing your knowledge.

And make lots of poisonous by product too. That is why developed countries don’t do it and find developing countries to do it. Just like non-recycle plastic, developed countries recycle higher recyclable like aluminum, ship off the tons of non-recyclable plastic with little recyclable plastic to pay the developing countries to deal with (get poisoned).

@GN28 Do not get me wrong, I still call em that, but the title is rare earth crunch.

They say just that at @3:00

Perhaps watch the video before commenting.

So are all the woke who buy the stuff... It's worthless unless you have buyers. So who is really at fault here the woke or the rich feeding off the woke ?

the environment

@@jamesnguyen7069 WOW.. Inciteful reply... That grade two education is really paying off.

"Subsidizing labour" that's a nice way to phrase slave labour

In the West, tax incentives is subsidized labor. There is no such thing as tax incentives in China.

Hi Davies, I am interested to know whereabouts are the rare earths in Zambia? Who are the key players if they are already being extracted?

Yes, don't destroy your environment like China did. The amount of contamination and pollution is outrageous and partially hidden and is going to cripple China for decades. Look it up if you are interested. Crazy stuff. Good thing the US has the EPA and the one political party has not been able to eliminate it.

@@bensondube You don't have the labor force or the security needed for these factories and industrial plants. It's not as simple as opening up a factory. Infrastructure has to be built. You needed a educated labor force. You need political and economical stability. Etc etc.

My country had one of the largest rare earth refineries in Asia in the 1980s and we the people have regretted it for next 40 years. The town the refinery was located became a hot spot for cancer and birth defects. And yes... despite large public protest, we against host the largest rare earth refinery outside china... and will regret it for the next 50 years to come. Number of people in the refinery is 300. REE deposits are not rare. What is rare is nations willing to host a refinery. The ore will happily come by bulk ore ship.

True, the amount miners make is abysmal. Government needs to increase prices to pat higher wages. But too much corruption I guess

No one cares tho

Basically it’s like Iron, China can make stainless steel from iron ore while Europe can only make cast iron.

@@Alex-pj8nz What? Europe can't make steel? Please tell me more, I find that hard to believe EDIT: I think he means during the time of the Roman Empire. The Silk Road also traded a bunch of steel, because the Romans thought that steel came from higher carbon iron ore, not a process to add carbon to the iron during the forging process.

Rare earths are everywhere but mineable concentrations are indeed rare.

Thanks for summarizing the video’s content

Geo thermal is the only clean energy now and even that takes ore to tap into the earth's lower mantle.

Pollution comes in many forms, but even when considering the mining impacts of renewable energy systems, fossil fuel energy is still overall far more polluting between greenhouse gases, particulate matter, acid rain impacts, fire/explosion hazards, and derived petrochemicals (ex. microplastics and endocrine-disrupting plastics and their additives).

@@LucarioBoricua forgot all the destruction because of Oil Wars....

Rare earth are not dissoved in water. So it may deposit on undersea mud. And its harder to extract.

@@alexlo7708 yes it has to be mined from the sea bottom. The Metals Company are using Deep-sea drill vessels which are built for deep sea drilling after oil and gas. They have mud pumps and risers, which can carry the cuttings up to the vessel, where it can be collected and / or sorted before transported onshore.

@@andersolsen1478 So this process cost will skyrocket as same as those who try digging ice methane and pulling up from sea bottom.

Do you have proof of what you are saying? Manybe a link to this information so we can all see.

Not exactly true because concentrations in rare earth deposits differ across the world and the production process not only involves intellectual property but economies of scale which the Chinese have cornered.

@@JA-pn4ji That's a good point, which is why government intervention to ensure a supply independent of the CCP regime would be prudent.

China's gov classed REEs as strategic as early as the 70s. The US woke up under Trump in 2017 after producing none in the 00s.

LMAO, the refining process of the rare Earth is extremely polluting, many countries including the US or any European countries are not willing to sacrifice their environment for the refining process, China took the challenge, develop this refining process and technology over a long period of time, huge sacrifice and huge investment, today China holds the most technology patent of this process, not because China controls the market, but they are the biggest exporter of rare Earth, about 80-90%, Japan is the second largest exporter, no one stop anyone to invest in this rare Earth refinery process, it only takes huge amount of time for infrastructure and technology development, about 10-15 years, also require sacrifice of their country 's environment, if your country do not want to do it, stop blaming China for exporting most of the rare Earth, also no one force anyone to buy from China, buy from the Japanese if you want to!

Makes better sense than 'climate change'🙄😉

Greed always destroys

Capitalism is god... apparently.

@@PistonAvatarGuy Apparently.

New one mainly patented by China 🇨🇳😂🤔

same technology can be used to find metals anywhere,so no,not yet

No way not possible

@@marczhu7473 amerimutts will steal like they always do

@@marczhu7473 Australia has replaced China in many critical minerals. Vietnam soon too 😂

yeah rather spending money for war...in the name of democracy.. i agree americans should work hard in real sense. just printing unlimited money wont work in long run. specially when money use as weapon ..

@@iqbalsohel9166 If you fully understand the consequences of the war in Ukraine and say what you have stated in your post, then you are a shill in Putins employ. Nice try, but no cigar.

when we have humanoids as our labor my guy

For some people; ignorance is bilss. How else could one explain the existence of entities such as the MAGA mob.

Because they're inscrutable. They cannot be scruted.

It’ll never run out, it’ll simply change from 1 thing to another depending on what science discoveries are at the time.

Notes that asteroids might come in handy

That's not possible. It's literally not possible because of, well just about everything. Your cellphone is much more complex than your 50 year old TV.

It's not undervalued it's the standard market price when all go well (no war or special events)

@@marczhu7473 Sounds undervalued to me. Look at what happened to Rhodium. A couple hundred $/OZ wasn't undervalued either...

@@ngantnier you know it's offer and demand (people that demand want the lowest price and is in position of force as they decide if your business is profitable or not. While oil industry it's the opposite they have opec + cartel.

@@marczhu7473 Oh, yeah totally. Just like any commodity. It's a free market in a dip. I'm just saying relative to rarity, usefulness and projected use in the future it's undervalued relative to other precious metals. Similar to how Rhodium was in the past. I also see platinum as heavily undervalued for a monetary metal. On the other hand I see Palladium and Rhodium as heavily overvalued right now.

@@ngantnier it's due to new ecological norm on catalytic pot.

Rare earths dont go away, we will improve the recycling ability for those and oil and gas are finite, we have to move away from it as a source of energy and that yesterday since we are destroying our environment which is needed for our survival. We as a species have to survive with alternative energy resources until we get to a point were we master nuclear fusion which can be in 50 y or 100y or 1000y, that will solve mankinds energy issue once and for all.

@@Disguised372 I agree you should watch the expanse or read the books if you haven't.

@@wokeaf1337 but the question is, who willing to sacrifice their environment to recycle the rare Earth? The US and Europe constantly sent their electronic waste to other 3rd world countries, why? Because they are extremely polluting, if your world do not even want the electronic waste to be place within your own country, how are you going to recycle your precious rare Earth?

@@eveleung8855 That is why i said we will have to improve the recycle ability, in Europe they already do not send any old mobile phones anywhere except for recycling purpose because of the rare earth parts.

@@wokeaf1337 When critical resources run dry future generations will have to fight their wars using 18th century technology.

In other words America in future will decide to bring democracy to Chile

​@@Shadowwalker1717they already did

@@Shadowwalker1717 they already did . Hahaha

Yemen the country usa saudi coalition fight since decades. Your plan is quite dumb in actual condition.

antimony is usually mined as a gold mining by-product

I'm telling Saudi Arabia