Aug. 20 at 8:52 PM
$SOUHY $BHP $RIO $GLNCY $B
Just another reason the USA will be at the mercy of China for decades to come.
Just another reason the super cycle will happen. If more operations came online in the United States, then supply would exist and demand wouldn’t be so tight.
Like I’ve mentioned countless times, even if we did start building processing facilities it literally would take 10-20 years.
The Chinese are at least 30 years ahead of us when it comes to processing minerals.
Get ready to pay more for everything as each year passed and 2% inflation won’t be seen for many years to come.
https://www.tucsonsentinel.com/local/report/081823_south32_rio_rico/