One little known fact is that the country of China exports nearly 97% of the world’s rare earth minerals. The minerals are used in the making of many important products such as windmills, lasers, and a variety of military weapons. The problem is that our country is at their mercy if they decided to cut production or raise their prices.
The good news is that we have these minerals here at home. The bad thing is that many of them are on public land. Some mining companies want to start mining these minerals so that we can have our own supply. I think it’s a good idea to start mining and reduce our reliance on China.