How one rare earth mine could change the U.S. dependence on China

How one rare earth mine could change the U.S. dependence on China

The Department of Defense is spending millions at a rare earth mine in Mountain Pass, California. CNBC’s Brian Sullivan reports. For access to live and exclusive video from CNBC subscribe to CNBC PRO:

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  1. Gary Davidson on November 18, 2022 at 7:44 pm

    Why does economist ignore tariffs on imported goods from China and call it inflation is inflation a new word for tax on the USA consumer in stealth

  2. Phong Tran on November 18, 2022 at 7:46 pm

    $MP to the moon!

  3. Jordan Thomas on November 18, 2022 at 7:46 pm

    Us and China are on the same team. Team oppress the people!

  4. John Francisco on November 18, 2022 at 7:48 pm

    boycott everything made in china

  5. jefthe1 on November 18, 2022 at 7:48 pm

    In a few months a radical left judge will block mining rare earths, that’s all they do

  6. John Francisco on November 18, 2022 at 7:49 pm

    boycott the china winter games

  7. Stern Pro on November 18, 2022 at 7:53 pm

    Fake news… the real rare earth is in the Congo 🇨🇩… Chinese allies…thats just dirt… see while some countries were busy fighting wars in the middle east.. other countries were busy building infrastructure 👉belt and road..🤔

  8. John Francisco on November 18, 2022 at 7:53 pm

    people for all the ccp trolls in here more than 50 million chinese living outside of china if china is so good like all you ccp trolls say why did you all leave china you should go back to china it’s so nice there

  9. Murray Grigg on November 18, 2022 at 7:56 pm

    Strategic resource! National security being that China controls the supply in the rest of the world. It maybe twice as expensive but critical to our security!

  10. AJ & Gunter on November 18, 2022 at 8:02 pm

    Great video, im a Geologist in Las Vegas and this mine has the highest known grade of rare earth element ore in the world. It originally started as a gold mine over 100 years ago, and there are other minable deposits around the main pit

  11. Jag Singh on November 18, 2022 at 8:04 pm

    China is a peace love country and focuses its own development, but some US officials and news media are spreading hatred against it and painting it as evil for justifying an excuse to start a fight.

  12. mdb123 on November 18, 2022 at 8:05 pm

    Mountain Pass (MP) could become the "China" for rare earths’ processing for Canada. We need a rare earths’ industrial complex from raw ore to finished rare earths in the United States.

  13. Jarrod Yuki on November 18, 2022 at 8:05 pm

    no child policy for those below poverty and one child policy for those below median income gentrify the cities.

  14. buchi lu on November 18, 2022 at 8:06 pm

    $MP is incredibly over valued. There is a reason they went bankrupt in 2015. And they have quality competition. $UUUU is now producing as a Uranium biproduct, (although I wouldnt buy it because Uranium is bad business right now.) The real gems are $VTMXF Vital Metals $SHCMF Search Minerals $MLLOF Medallion, & $AREC American Resources. In Australia there is $NOURF Northern Minerals, $ARAFF Arafura, $MALRY Mineral Resources, $ASMMF Australian Minerals, $LYSCF Lynas, $ILKUY Iluka, & a couple others like Hastings and Dreadnought. In Africa the only producer is $RBWRF Rainbow, but $PNSAF Pensana and $MKNGF Mkango just got aproval for EU eco-processing plants. Aside from them there is Ionoc in Uganda, Peak in Tanzania is haulted, as is Wildecat in Kenya, Steenkampskraal went private in South Africa, $LEMIF in Norway just did their preliminary finantial assesment… aside from Afghanistan and Khazakstan thats all there is outside of China. Avalon and Texas minerals will be developing brokentop hill with $LODE and USA Rare Earth, Niocorp is developeing in Wyoming, $REEMF isn’t likely to produce under Biden because they are in national park. In Canada there is also Appia, $RAREF Canada REE who makes REE processing facilities, Ucore in Alaska…. Comerce resources in BC $CMRZF I think….. Thats about it. The best are $VTMXF and $NOURF. I also hold $LEMIF and the Africa tickers I mentioned. Oh, & $BMIX in Brazil!!!! between them and Itafos they have the second largest reserve on earth and being phosphate based its highly profitable.

  15. Pinnacle Express on November 18, 2022 at 8:11 pm

    when news is fun

  16. B X on November 18, 2022 at 8:12 pm

    Have the Canadians got a rare earths mine?

  17. Swat Deags on November 18, 2022 at 8:13 pm


  18. Millard Brown on November 18, 2022 at 8:13 pm

    So China crashes their own markets and the US crashes theirs because of China. We should crash ours as a sympathy sell off, So lets do Chinas job for them and crash the US markets too, how stupid. Let them destroy their markets if they want, no one needs their ass anyway. If you are selling. you are not a trader you are a traitor.

  19. TrumanHW on November 18, 2022 at 8:17 pm

    Whats amazing is that pieces of DUNG like CNBC and MSN BS have so terrified the US of climate change that they’d cede their SECURITY to China … and only realize it and acknowledge it (after nearly 20 years of many of us YELLING about it) … did anything.


  20. Tayu on November 18, 2022 at 8:23 pm

    Nice pump, wonder how much MP paid them.

  21. Trevor Davis on November 18, 2022 at 8:25 pm

    Electric dentures now I have heard of everything

  22. All explained on November 18, 2022 at 8:25 pm

    Is rare earth minerals
    the real reason the US is threatening China with war?

    China controls 90% of the world’s supply of rare earth minerals
    and its exports of rare earth minerals are booming.
    China’s economy is surging past even its own pre-pandemic levels
    established when it comes to rare earth minerals back in 2019.

    Is the US trying to do everything it can to catch up
    by trying to destroy China’s success?

    One big misconception is
    rare earth minerals aren’t that rare.
    The US has got a lot of them
    but the US has been too lazy to extract them
    because there’s a lot of pollution and hard work involved
    it’s been so costly and the US never wanted to deal with it.

    So what the US did was
    exported its pollution to China – problem solved.
    But now the US blames China that
    it’s got a monopoly over these rare earth minerals.

    This is how absurd the US position is
    doesn’t practise the democracy and free trade it preaches.

  23. _Kronos_ on November 18, 2022 at 8:26 pm

    What company is mining it?

  24. Juan Chica on November 18, 2022 at 8:27 pm

    We have more liltium in this country the. In China time to decouple

  25. Dwayne Varnell on November 18, 2022 at 8:27 pm

    Rare Earth mining is the cause of global warming.

  26. Jeff Perteet on November 18, 2022 at 8:30 pm

    Should’ve never gotten involved with China, especially after they announced the Belt & Road initiative.

  27. MrBsct on November 18, 2022 at 8:31 pm

    Let’s actually rebuild this country and economy

  28. Jim Christl on November 18, 2022 at 8:33 pm

    Huge country w plenty of resources, get off our butts and get them. What we cannot get we have plenty of allies like Australia, India.

  29. gogul s on November 18, 2022 at 8:36 pm

    So China free and China proof economy is coming soon not only mobile phone technology net connectivity but also in all the fields. World economy is slowly recovered from one party(evil) rule.

  30. CJ Miller on November 18, 2022 at 8:40 pm


  31. Ramdos Gopal on November 18, 2022 at 8:41 pm

    Metamaterial inc will save us from rare earth materials

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