Randall Atkins bought the Brook Mine in Wyoming for about $2 million, basically the price of a nice house in Arlington, VA, but it turns out that the mine is a source for rare-earth elements which could be worth as much as $37 billion, The Wall Street Journal, reported today. According to the Journal, “The U.S. consumed an annual average of 8,300 metric tons of rare earth oxides in recent years." But estimates have it that, “as much as around 1.1 million metric tons of rare-earth oxides [exist] in just over a quarter of the nearly 16,000 acres of land that compose the site.” China is currently the principal source for #rareearths mining and processing. It looks like that may change soon enough with the possibility of a processing plant in Wyoming. Once and if that enterprise gets underway, “it would be the first new rare-earths mine in the U.S. since 1952." Found elements include neodymium, praseodymium, and terbium, but also gallium and germanium, the exports of which China has recently restricted to the United States. "There is a long way to go before the U.S. or Ramaco is able to benefit from the deposit,” the Journal says. "The company hopes to disclose the economics of the project in the next several months.” This find might be better--for a while, at least--than a gold mine. METC stock today, 11/10/23 at $17.47 (still a bargain, I bet).
柯武训David Alan Coia -’s Post
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The race for the #moon continues, with #China squarely in the lead. After the Boeing Starliner debacle, isn't it time for #NASA and the federal government to quit its harassment of Elon Musk and unleash #SpaceX? https://lnkd.in/eePF9-gC
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Ahoy, there, cybersleuthing bounty hunters: https://lnkd.in/ebP22Mwn
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Amazing that Lockheed Martin has made more than 2,500 of these babies! The there's also the C-5 Galaxy. But I can't wait to see a functional #SpaceX #Starship delivering cargo anywhere on Earth in an hour or less. Still, those ostentatious names seem just a tad absurd, don't they? Hercules is apt, but Galaxy, (confined entirely to Earth), Starship (which will never reach another star), Miss Universe, the World Series, etc. Nothing wrong with firing up the imagination, though. https://lnkd.in/eteE9jaZ
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Empress Irene on this day, August 15, in the year 797, had her son Constantine VI, blinded and so became the first woman in Byzantine history to rule the empire entirely on her own. Leo IV had made his son, Constantine VI, coregent. After Leo's death, Constantine VI ruled alone for a short time, but after a stinging defeat by Arabs and Bulgars in 791, he brought in his mother as joint ruler in January 792. Lest you are feeling sympathy for the young Constantine, after another Bulgar thrashing in July, he vented his ire on his five uncles, having one blinded and cutting out the tongues of the other four. Two years after having blinded Constantine, Irene also had the eyes of his four younger brothers put out. Nicephorus, her finance minister deposed her in 802, eventually banishing her to the island of Lesbos where she died on 9 August 803. https://lnkd.in/eEpT3CPK
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T-Bills, #Gold and The Unit. https://lnkd.in/e2f_gB3e
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Another lesson on "The Internet of Things."
Cyber Security Top Voice 💫 Cloud Vulnerability Management I Risk Assessment I Security Evangelist I Threat Intelligence I GCP Azure AWS IAM
Does your car spy on you? 🧐⚠️ There's a chance it does 🎈 Even when it's Toyota 👀 #cybersecurity #cars #technology #toyota Video via besssbyers via instagram
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"The Ministers concurred that the People’s Republic of #China (PRC)’s foreign policy seeks to reshape the international order for its own benefit at the expense of others. They highlighted that the PRC employs political, economic, and military coercion of countries, companies, and civil society, as well as facilitates its military modernization through the diversion of technology to achieve these objectives. Such behavior is a serious concern to the Alliance and the entire international community and represents the greatest strategic challenge in the Indo-Pacific region and beyond." Both Pacific alliances (U.S.- and Sino-centric) have recently conducted extensive military drills. #Japan #Korea #Taiwan #Russia #Ukraine #Israel https://lnkd.in/eXTWxvhH
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Hey, there, bounty hunters, looking for a challenge? There's a $5 million reward for German national Ruja Ignatova. Of course, there may be a wait from her capture to conviction. https://lnkd.in/egjVmU2C