Why does this administration think more Foreign Dependency is the Answer

[biggestal99]

@e7alr

The profit from all this that finally ends up in the bank account of the Chilean company is but a sliver of the total cash flow of the operation.

So why did they want it so bad they would rent a house to ivanaka?

They did it for altruistic purposes I am sure to help the United States?

Talk about simple minded.

Companies do things for one reason only.

Cash. Not altruism.

Allan

[e7alr]

Okay, I understand now. Get some professional help for that TDS condition. First off, renting a house means a lease to the renter and a rent payment to the landlord (the mining company owner). Ivanka and Jared were writing a check, not receiving one. I’m sure the owner hoped it would curry some good will, but letting someone rent a house is not a payoff.

Mining companies need access to mineral deposits in order to mine. That is their business. If done well they make a profit after expenses. They seek them out all over the world and negotiate for the rights to extract and market the minerals.

[RTchoke]

@Scratch

@JayJay

If Twin Metals is wrong, and another precious resource…water…is contaminated, are you prepared to write that off as the “cost of doing business”?

Meh, whats a little water contamination… But remember when someone was upset because windmills would ruin his view and tried to get them stopped?

Yes, I do.

Kennedys, Kochs help kill planned wind farm off Cape Cod

[Samm]

@biggestal99

@Samm

No I didn’t read it. There is a pay wall.

All large mineral reserves are in untapped areas. Unlike trees, they cannot be grown.

From the article.

“The Boundary Waters, a vast landscape of protected lakes and forests along the border with Canada, provide habitat for thousands of species, including the gray wolf and Canada lynx. But mining companies have long expressed interest in the area, because beneath the surface lies an estimated four billion tons of copper and nickel ore.”

4,000,000,000 tons of copper and nickel ore.

Yeah let’s just give it to a Chile billionaire because he rented a house to the presidents daughter.

Biden did the right thing shutting it down.

They wouldn’t be giving it to anyone.

It’s a shame that you pontificate so without having an inkling as to how mineral extraction leasing and/or how environmental permitting work. It really makes you look stupid even though I doubt that you actually are.

[Samm]

@biggestal99

So why did they want it so bad they would rent a house to ivanaka?

You are awfully naive if you think that would be sufficient to bribe the Federal government to get a mineral lease.

[JayJay]

So you admit the Uranium One story was conservative stupidity?

[Scratch]

And they’re NIMBY hypocrites as well…See how easy that is?

[WuWei]

You didn’t know…

[RTchoke]

@Scratch

And they’re NIMBY hypocrites as well…See how easy that is?

Of course they are, but you don;t see people telling them how terrible they are or how wrong they are for it, do you?

Because that’s different.

[Cratic3947]

It takes a lot of strip mining to have a EV economy

[Scratch]

@RTchoke

Of course they are, but you don;t see people telling them how terrible they are or how wrong they are for it, do you?

No they just want “drill baby drill” “mine baby mine”…Just not near me or where I can see. America first, energy independence…yada yada… but just do it over there.

[RTchoke]

Sure, whatever makes you feel better about it.

[Samm]

@JayJay

So you admit the Uranium One story was conservative stupidity?

No. I admit that you are awfully naive that a mining company can get a lease that way.

[Samm]

@Scratch

@RTchoke

Of course they are, but you don;t see people telling them how terrible they are or how wrong they are for it, do you?

No they just want “drill baby drill” “mine baby mine”…Just not near me or where I can see. America first, energy independence…yada yada… but just do it over there.

You’re sputtering. Good time to quit and move on.

[RTchoke]

@Samm

@Scratch

@RTchoke

Of course they are, but you don;t see people telling them how terrible they are or how wrong they are for it, do you?

No they just want “drill baby drill” “mine baby mine”…Just not near me or where I can see. America first, energy independence…yada yada… but just do it over there.

You’re sputtering. Good time to quit and move on.

Heck, if I had oil on my land there would be wells all over the damn place if possible including my backyard if need be. All I would see was $$$$$$$.

Maybe plant a line of trees to enhance the view. I don’t have an elitist stick up my ass about “muh view”, I gots bills to pay.

[Striker840]

@Samm

@e7alr

And just how is an underground mine, employing US employees, conducted to US mining standards, producing US resources and stimulating economic activity in a region of the US a bad deal? The status quo is import a larger portion of the needed materials, from nations that don’t follow US environmental rules, all the while supporting jobs and economic activity outside the US in places like China. So explain the logic that makes this US mining operation a bad deal.

As far as anything and everything (other than air and water) that man needs to live and maintain his standard of living must either be grown or mined. Most Libs seem to believe that minerals grow on trees.

No, just not mined, drilled, or refined here utilizing US labor.

[Striker840]

@e7alr

@biggestal99

@Samm

Sweetheart deal? Have you got any concept of how many millions, often billions, of dollars that a mining company dumps into developing a new mineral deposit before they recoup even one dollar in revenue? And then once production begins, how many millions of dollars per year they spend operating the mine? Virtually all of that money goes into the US economy.

Did you read the article, the lease was for an untapped region of Minnesota chock full of minerals.

Why let Chile have it?

Allan

Are you really this simple minded? The minerals would be sold on the world market. All of the operating costs would be spent in the US, supporting the US economy. The mining company would need a US registered and licensed subsidiary here. And the minerals would have to be transported from the mine to the end user Now we are talking rail, with associated costs, again spent in the US. And if the end user is a US facility, more economic activity in a US location will occur. The profit from all this that finally ends up in the bank account of the Chilean company is but a sliver of the total cash flow of the operation.

Short answer is yes.

[Samm]

@Striker840

@Samm

@e7alr

And just how is an underground mine, employing US employees, conducted to US mining standards, producing US resources and stimulating economic activity in a region of the US a bad deal? The status quo is import a larger portion of the needed materials, from nations that don’t follow US environmental rules, all the while supporting jobs and economic activity outside the US in places like China. So explain the logic that makes this US mining operation a bad deal.

As far as anything and everything (other than air and water) that man needs to live and maintain his standard of living must either be grown or mined. Most Libs seem to believe that minerals grow on trees.

No, just not mined, drilled, or refined here utilizing US labor.

That’s true, libs think minerals extracted over seas are as green as Ireland after a spring rain.