• Anonymous

    Not quite the same.  Aussies had the biggest rare earth mine in the world and much to the chagrin of the population, sold it to the Chinese. That was just the start of the tale.

    Next the Aussies took a very heavy royalty from the mines because of public pressures.  The Chinese took this with no fight.

    Directly  thereafter the Chinese put the world on notice it was restricting the production  of rare earth from their very ample supplies.  This immediately doubled and tripled the bucks on Rare Earth.

    The Aussies made still more money because of tripled prices and the price of batteries  went sky high as the supplies dropped.   This hit the electric car business such as it was, cellphones laptops etc that all use these super batteries.

    Economies have adjusted now. Prices are still up.  The effected industries are all very happy and you and I complain bitterly about the price of batteries.

    Oh!  There are battery recycling places starting up now.

  • Anonymous

    Yep they own Australia and now they are taking over Canada. Who is next?

  • Anonymous

    The Chinese are fully invested into Alberta oil sands! Also,
    Husky oil is a long standing very good citizen of Alberta and Canada. They are
    wholly Chinese owned.

    Canadian oil companies are very active in China and in Chinese holdings in the
    Philippians.

    The customer (China) is here now, alive and well. All we have to do is figure a
    way to get oil to the west coast to ship their product to them and, I’m very
    sure that will come.

     

Copyright © 2015 ValueWalk - Privacy Policy

Developed by ValueWalk Team