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cross-posted from: https://lemmy.ml/post/26662591
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this post was submitted on 02 Mar 2025
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This whole thing is so silly. It costs hundreds of millions and something like 18 years to build a rare earth mine. What company would be willing to risk that investment without any sort of meaningful security arrangement?
Not to nitpick, or make you defend yourself, but I would be interested to see info linked to this developmental timeline.
Most mines are like 3-5 years to develop, and that includes permitting etc.
The number was something I heard on this interview. They seemed to have relevant knowledge. https://www.npr.org/2025/02/27/nx-s1-5308085/rare-earth-minerals-expert-discusses-u-s-ukraine-negotiations-on-ukraines-resources