The global transition to clean energy has sparked an intensive search for critical minerals, with investors committing billions of dollars to secure the materials necessary for electric vehicles and renewable power. Utilizing advanced technology and artificial intelligence, exploration companies are targeting high-value deposits of copper, lithium, and cobalt in regions such as Africa’s copper belt. This surge in activity aims to address projected supply shortages that could delay climate goals, while transforming the traditional mining industry through data-driven discovery methods.
- Major investment firms and high-profile tech leaders are backing new ventures to find the minerals required for the green energy shift.
- The Mingomba project in Zambia represents one of the largest recent efforts to locate significant copper reserves using sophisticated data analysis and machine learning.
- Artificial intelligence is being deployed to map geological features and predict the location of mineral deposits more accurately than traditional prospecting methods.
- Copper demand is projected to increase significantly by 2035, creating a critical need for new discoveries to support global electrical grid expansions.
- The search for these resources involves navigating complex logistical and geopolitical environments to secure stable supply chains.
- Industry experts emphasize that the scale of mining and mineral extraction required for the energy transition is unprecedented in modern history.
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Original video here.
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MP Materials can refine rare earth but their final products will cost so much more per pound, than buying the same thing from China, so if MP Materials were to sell their final products at the market rate that China is selling, they will be making a big loss, which is why they signed a price contract with the US govt that the US Government guarantee them that they will buy the MP Materials rare earth for $X per pound which they know they can make a profit.
US government knows they are paying more for that heavy rare earths that MP Materials refine compare to China's prices but they have no choice because China refuse to sell them the heavy rare earth if they are going to use it for military, so the MP Materials rare earth minerals are guaranteed prices to sell to US government for their use in military
I remember learning in school back around 2000 that we in China had the rare earth deposits but our refining capability was so poor we could only export raw ore to countries like Japan, making a tiny profit in the whole value chain. Now watching this video i feel proud of my country and our people. We don't need to argue with others. Just do our job, improvise everyday and enjoy our lives. We dont need to envy or be afraid of the bullies.
Did they forget how they did to Huawei and some other companies back in 2018? And now still blocking China to get latest chips. So this means only US can accuse others and sanction others, others can’t fight back, if you fight back, I will do the strongest condemn logic? Karma is a bitch, isn’t it? 😊
Great video
rare earths are not actually rare. we just don't want to pollute or environment to get them and that's what it will take.
China never used it as geopolitical leverage until it had to.
Mate, don't even go to Rare earth!!! We would have to shut all business down if China stops any supplies.
Couldn’t the Americans get poor kids from states like Louisiana or Puerto Rico to mine rare earths? This would make the Trump and tech oligarchs very happy
Meanwhile China is already looking for the next chokehold.
Learn more: Why Rare Earths Are China’s Trump Card in Trade War – https://bloom.bg/4nG7F63
They are talking about China like if they are aliens from different planet!!
Bravo China 🥰
You guys are intentionally misleading to sound optimistic. In order for the West to get to the capacity that China has today, it would take about 20-30 years. And that assuming China stays still during that time.
brazil is full of rare earths
In the end the US always wins. Capital in all it's forms consistently flees China for US, that's all you need to know.
tons of countries have rare earth deposits.
Just create a rare earth reserve.
Trump card? The global rare earths market is worth about the same as a video game like Genshin Impact. This card costs next to nothing to China.
Deng got so many things right but failed to do properly executed a political reform.
Really….? one guy sitting at a big mud pond at the exhaust end of a drain pipe. nice propaganda! you do know China is also the leader of waste clean up process tech. pollution control mega recycling plants. how come you don't show those modern facilities?? China also owns most of the batteries materials & latest "none copied" tech.!
Westoids harping on about Rare Earth restrictions when it was the US who started the trade wars. You restrict semi-conductors and Lithography equipment then you get rare earth restrictions. Go China!
0:09 Trump: “We need rare earth minerals.”
Also Trump: Sets a 100% tariff on rare earth minerals from China…
Straight of Rare Earths.
At some point US elites decided that we had progressed beyond the need to produce tangible goods, as though we had transcended the physical realm. We were too evolved for primitive material production, they posited. They decided we would therefore produce mostly informational products, intellectual products. Can people live in intellectual property? No, but the elites didn't care.
Trump: If we don't get Chinese metals at the price we want, we will invade China in less than 72 hours and they will hear bad news. Several days pass with no response from China. Trump: Well, I think we will make a great deal with China. Several days pass with no response from China. Trump: I think China doesn't want to make a deal, and they have 48 hours to respond. China remains silent. Trump: I am disappointed in China 😄
Bloomberg sounds more like communist govt propaganda now then business news.
What do you mean running an economy based on economic derivatives leaves you vulnerable to foreign commodity spikes when you don't actually make anything? /s
Go, China, Go! You won't find anyone who has empathy for a self-made crisis!
If making weapons of death is all that the USA does with them? BOYCOTT THEM ALL!
He said "hold all the chips" 😂😂😂
FAFO
Remember the US restricted sale of semiconductors to China, they responded by restricting sale of rare earth materials to the US. In the old days western countries dominated world trade, now that has shifted to Asia. The western powers must accept one thing, you can't dominate the world forever.
35000 lawyers 350 mining engineers.
You can restrict semiconductors and chips to China but China can't hold rare earth material
I completely agree that no country should become entirely dependent on another one, but anti-China rhetoric,
mostly coming from the U.S., is propaganda. Be suspicious of anyone talking about the “western world” when what they mean are those who have fallen for it.
Rare earths aren’t rare. There are deposits elsewhere, including outside the U.S. There’s nothing to stop them other countries from processing them and there are ways to reduce its environmental impact. They all should be wary about selling anything to the U.S in its present form.
Didn't Trump administration done more for securing rare earth supplies outside of China and fund new projects for rare earth production in USA than any previous administration