Re: US hits jackpot after finding multi-million-ton critical mineral reserve in Nevada
Tara <[email protected]>
| Newsgroups | alt.buddha.short.fat.guy |
|---|---|
| Organization | A noiseless patient Spider |
| Message-ID | <[email protected]> |
On Aug 8, 2026 at 4:14:57 PM EDT, "Noah Sombrero" <[email protected]> wrote: > On Sat, 8 Aug 2026 18:12:24 -0000 (UTC), Tara <[email protected]> wrote: > >> On Aug 8, 2026 at 1:26:58?PM EDT, "Dude" <[email protected]> wrote: >> >>> On 8/7/2026 2:54 PM, Tara wrote: >>>> Dude <[email protected]> wrote: >>>>> On 8/7/2026 1:36 PM, Tara wrote: >>>>>> Wilson <[email protected]> wrote: >>>>>>> >>>>>>> https://interestingengineering.com/energy/1-78-million-ton-tungsten-discovery >>>>>>> >>>>>>> A U.S. critical minerals company has recently confirmed the nations >>>>>>> largest known tungsten resource at its Railroad Valley Minerals Project >>>>>>> in Nye County, Nevada. >>>>>>> >>>>>>> The deposit is reportedly five times larger than the biggest tungsten >>>>>>> resource currently listed in the US and comes at a time when the country >>>>>>> relies heavily on imports for the strategic metal. Its in-situ value is >>>>>>> estimated at about USD 152 billion based on current market prices. >>>>>>> >>>>>>> The report also confirmed another 31 million tons of measured lithium >>>>>>> carbonate equivalent, 533 million tons of measured potash, and 87 >>>>>>> million tons of measured borate minerals within the same salt complex. >>>>>>> >>>>>>> Combined, the resources feature an estimated in-ground value of USD 3.5 >>>>>>> trillion. >>>>>>> >>>>>>> At current consumption rates, the resources could provide the U.S. with >>>>>>> tungsten for hundreds of years, 3PL said. The Railroad Valley project >>>>>>> spans approximately 39,000 acres and covers an extensive sodium-rich >>>>>>> salt basin in eastern Nevada. >>>>>>> >>>>>>> We now have a measured, world-class deposit of multiple critical >>>>>>> minerals in one basin and the one discovery that surprised even us is >>>>>>> tungsten, Kevin Moore, 3PL CFO and Chairman, highlighted. This is a >>>>>>> metal the US stopped mining a decade ago and now imports while China >>>>>>> controls and manipulates the global market. >>>>>>> >>>>>>> The Railroad Valley minerals occur as dissolved salts between 1,200 and >>>>>>> 2,800 feet underground. The company plans to recover them with solution >>>>>>> mining, a process that pumps fluids underground to dissolve minerals >>>>>>> before bringing them to the surface for processing. >>>>>>> >>>>>>> This would require surface facilities covering about 80 acres, >>>>>>> eliminating the need for large open pits, waste rock storage, as well as >>>>>>> acid processing plants commonly associated with traditional mining >>>>>>> operations. >>>>>>> >>>>>> >>>>>> Well now that you have all the minerals you need maybe you can lay off the >>>>>> 50 percent tariffs on Canada. >>>>>> >>>>> The United States does not apply the recent broad or punitive 50% >>>>> executive tariffs to Canadian critical minerals and potash. >>>>> >>>>> Apparently, these items are explicitly exempted. >>>>> >>>>> That being said, specific base metals like steel, aluminum, and copper >>>>> remain subject to separate Section 232 tariffs ranging from 15% to 50%. >>>>>> >>>>> >>>>>> That would be nice. >>>>>> >>>>> Canada generally applies a free or very low (0% to 5%) >>>>> Most-Favored-Nation (MFN) tariff rate on raw imported mineral ores and >>>>> metal minerals from countries with normal trade relations. >>>>>> >>>>>> Now you REALLY dont need anything from us. Eh. >>>>>> >>>>> So, just let me say this: >>>>> >>>>> Under the Free Trade Agreements, minerals imported from free trade >>>>> partners (like the U.S. or Mexico or other bilateral partners) enter >>>>> duty-free.| >>>> >>>> This is because the USA critically need our minerals for defence and >>>> manufacturing. >>>> If he put tariffs on them that would exorbitantly drive up costs on your >>>> end. and Americans would be really mad at him if he did that :) >>>> >>>> The new 50% tariffs are on items that are supposed to be covered in the >>>> usmca free trade agreement that Trump ( even though it was his very own >>>> Great Deal in his last term) is disregarding now. >>>> >>>> Along with tariffs on everything else he put 25% on our steel and aluminum. >>>> >>> Apparently, many potash mining interests in Canada are foreign owned: >>> >>> The Mosaic Company: A major American producer that operates massive >>> facilities in Saskatchewan, including the large Esterhazy complex. >>> >>> Compass Minerals: An American producer operating a rock salt and potash >>> mine in Goderich, Ontario (though major western volume is centered in >>> Saskatchewan). >> >> No, the U.S. does not own Canada's potash mines. Canada is the largest >> producer of potash, with all active mines located in Saskatchewan, and they >> are primarily operated by Canadian companies. >> Wikipedia hillnotes.ca >> Ownership of Canada's Potash Mines >> >> U.S. Ownership Status >> >> The U.S. does not own Canada's potash mines. >> All active potash mines in Canada are located in Saskatchewan and are >> primarily operated by Canadian companies. >> >> Key Facts About Potash in Canada >> Production and Reserves >> >> Canada is the largest producer of potash globally, holding approximately >> 31% of the world's total production. >> Saskatchewan contains the largest known deposits of potash, estimated at >> 1.1 billion tonnes of recoverable resources. >> >> Economic Impact >> >> The potash sector significantly contributes to the Canadian economy, >> generating substantial tax revenues and providing thousands of jobs. >> In recent years, the industry has paid billions in taxes, supporting >> various social programs. >> >> Export and Trade >> >> Over 90% of the potash produced in Canada is exported, with the U.S. being >> a major importer. >> Canadian potash is vital for global food security, as it is essential for >> fertilizer production. >> >> In summary, Canada's potash mines are owned and operated by Canadian entities, >> with no U.S. ownership involved. >> canadaaction.ca hillnotes.ca >> >> >> >> >> >> >> >> >>>> >>>> U.S. President Donald Trump exempts Canadian critical minerals and energy >>>> from punitive tariffs because the U.S. manufacturing and defense sectors >>>> heavily rely on these raw materials. Imposing duties on them would >>>> immediately drive up costs for >>>> >>>>>> >>>>>> Especially if you have potash. >>>>>> >>>>> The Presidents Executive Order is being seen a step toward the U.S. >>>>> being able to produce more of its own potash, which is said to be >>>>> available but not mined due to regulatory impediments. >>>>> >> >> No, the U.S. does not own Canada's potash mines. Canada is the largest >> producer of potash, with all active mines located in Saskatchewan, and they >> are primarily operated by Canadian companies. >> Wikipedia hillnotes.ca >> Ownership of Canada's Potash Mines >> >> U.S. Ownership Status >> >> The U.S. does not own Canada's potash mines. >> All active potash mines in Canada are located in Saskatchewan and are >> primarily operated by Canadian companies. >> >> Key Facts About Potash in Canada >> Production and Reserves >> >> Canada is the largest producer of potash globally, holding approximately >> 31% of the world's total production. >> Saskatchewan contains the largest known deposits of potash, estimated at >> 1.1 billion tonnes of recoverable resources. >> >> Economic Impact >> >> The potash sector significantly contributes to the Canadian economy, >> generating substantial tax revenues and providing thousands of jobs. >> In recent years, the industry has paid billions in taxes, supporting >> various social programs. >> >> Export and Trade >> >> Over 90% of the potash produced in Canada is exported, with the U.S. being >> a major importer. >> Canadian potash is vital for global food security, as it is essential for >> fertilizer production. >> >> In summary, Canada's potash mines are owned and operated by Canadian entities, >> with no U.S. ownership involved. >> canadaaction.ca hillnotes.ca > > It should be clear to you now how easy it is for these guys to simply > make up stuff to suit their agendas. Or if you feed the right question to AI, you can get any answer you want. You have to find a legitimate source you can trust. Even if you use AI, if you know the truth and underlying details ,you can use AI only if you know that AI has it right. That's what I do anyway.