Across the U.S., mining communities sit at the source of mineral wealth, but the highest value is often captured elsewhere—through refining, processing, and advanced manufacturing that take place outside these communities.
That’s a great question and it does change the answer. I have come across more local extraction and refining companies in the state I live. But these companies rely on investor capital from around the country (even may around the globe).
The US economy is hungry for rare earths and other critical minerals. Some we have deposits but some we don’t have. When we don’t have them locally is what intensifies geopolitics.
As to your question, would the mining companies be local or multinational - that changes the answer considerably
That’s a great question and it does change the answer. I have come across more local extraction and refining companies in the state I live. But these companies rely on investor capital from around the country (even may around the globe).
Donald Trump's plan for Gaza (can't find it right this mo) stated 'Benefit to the US $1.3 trillion in rare earth minerals.' if I remember correctly
The US economy is hungry for rare earths and other critical minerals. Some we have deposits but some we don’t have. When we don’t have them locally is what intensifies geopolitics.