ADVERTISEMENT
Doug Burgum: «Ukraine, Greenland, our allies world wide, and right here at residence, with our unbelievable quantity of federal lands, and our large monetary stability. These are all areas the place we should be extra strategic in looking for important minerals, as a result of they’re important for protection and know-how.
President Trump is as soon as once more utterly heading in the right direction. Whereas he tries to convey peace to the world, he additionally fights for Americans, making certain that we have now entry to the assets that assist us stay the strongest financial energy on the earth.
China has been very deliberate and efficient in blocking different international locations. After we begin growing minerals right here at residence, they flood the market, decrease costs, and damage U.S. firms.
Whether or not by important minerals, a strategic reserve, or a sovereign fund, this administration is contemplating a number of concepts. We have to return to mining trade in america.»
Mining in america is essential for making certain entry to important minerals which might be important for each the financial system and protection and know-how. Mineral assets play a key position within the improvement of important industries, from the manufacturing of digital units to the manufacturing of superior navy tools. With out these minerals, the nation wouldn’t be capable of keep its technological management or protection capabilities. Moreover, minerals are important for the power transition, as they’re wanted for the manufacturing of batteries and renewable power programs.
On this context, home mining is seen as a strategic answer to scale back dependence on overseas sources, particularly in an surroundings the place international locations like China have adopted deliberate insurance policies to dam entry to those assets. China has used its management over international mineral provide chains to affect costs and the competitiveness of U.S. firms. Due to this fact, growing mineral manufacturing inside america not solely ensures entry to those important assets but in addition protects U.S. firms from unfair commerce practices.
Moreover, mining contributes to nationwide safety, as many of those minerals are essential for the manufacturing of protection applied sciences, akin to communication programs, power programs, and navy automobiles. If america needs to stay the world’s strongest financial energy, it should safe a continuing and dependable supply of those important minerals. To attain this, it’s essential to reinvest within the native mining trade, with insurance policies that promote the sustainable exploration and extraction of those assets, thus making certain long-term financial competitiveness and nationwide safety.
