Miscellaneous News

AssassinsMace

Lieutenant General

I don't even know if there's any credibility to this story because they get some facts wrong about rare earths. Just because China controls 80% of rare earths on the market. It doesn't mean 80% of rare earths are found in China. China acquires a lot of rare earth ore from paying for mining rights in other countries. The US and the West can't compete because they aren't willing to pay as much as the Chinese. China processes 80% of the rare earths on the market is more like it. It's the processing part that gives China the monopoly because the West isn't willing pay the price from processing because it's difficult and hazardous and it cost too much for the technology to process for others countries to do it themselves. And remember the US ships their rare earth ore they find and own to China to be processed.

If this rare earth deposit is in China then it belongs to China. China shouldn't be even negotiating over it. Chinese like thinking they're civilized hence why they're entertaining negotiations. From the Western perspective, China negotiating means Beijing recognizes there's legitimacy to the claim.
 

proelite

Junior Member

I don't even know if there's any credibility to this story because they get some facts wrong about rare earths. Just because China controls 80% of rare earths on the market. It doesn't mean 80% of rare earths are found in China. China acquires a lot of rare earth ore from paying for mining rights in other countries. The US and the West can't compete because they aren't willing to pay as much as the Chinese. China processes 80% of the rare earths on the market is more like it. It's the processing part that gives China the monopoly because the West isn't willing pay the price from processing because it's difficult and hazardous and it cost too much for the technology to process for others countries to do it themselves. And remember the US ships their rare earth ore they find and own to China to be processed.

If this rare earth deposit is in China then it belongs to China. China shouldn't be even negotiating over it. Chinese like thinking they're civilized hence why they're entertaining negotiations. From the Western perspective, China negotiating means Beijing recognizes there's legitimacy to the claim.

Resources are finite, institutions and culture are eternal.
 

valysre

Junior Member
Registered Member

I don't even know if there's any credibility to this story because they get some facts wrong about rare earths. Just because China controls 80% of rare earths on the market. It doesn't mean 80% of rare earths are found in China. China acquires a lot of rare earth ore from paying for mining rights in other countries. The US and the West can't compete because they aren't willing to pay as much as the Chinese. China processes 80% of the rare earths on the market is more like it. It's the processing part that gives China the monopoly because the West isn't willing pay the price from processing because it's difficult and hazardous and it cost too much for the technology to process for others countries to do it themselves. And remember the US ships their rare earth ore they find and own to China to be processed.

If this rare earth deposit is in China then it belongs to China. China shouldn't be even negotiating over it. Chinese like thinking they're civilized hence why they're entertaining negotiations. From the Western perspective, China negotiating means Beijing recognizes there's legitimacy to the claim.
Not sarcastic: Is India capable of exploiting such a deposit in such an environment as near the Himalayas?
 

FriedButter

Colonel
Registered Member
I don't even know if there's any credibility to this story because they get some facts wrong about rare earths.

Only media I found was news about mining in the Lhunze county in precious metals and rare earth metals worth $60 billion. However, the articles and prices were from 6.5 years ago.

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ZeEa5KPul

Colonel
Registered Member
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In a WhatsApp chat that quickly devolved into depravity, a group of U.S. Drug Enforcement Administration agents boasted about their “world debauchery tour” of “boozing and whoring” on the government’s dime. They swapped lurid images of their latest sexual conquests. And at one point they even joked about “forcible anal rape.”
How completely typical of US government agents. Later in the article we find
AP has tallied at least 16 agents over the past decade brought up on federal charges ranging from child pornography and drug trafficking to leaking intelligence to defense attorneys and selling firearms to cartel associates, revealing gaping holes in the agency’s supervision.
Whoever wrote this did that on purpose.
 

Jamie28

New Member
Registered Member
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She is quite desperate, production in many of the former FIAT factories has been halted or is at record low levels and thousand of workers receive redundancy pay from the government to do nothing while Stellantis plans to delocalize in Serbia and Morocco.

In few months she went from leaving the BRI to come begging for a chinese auto maker to invest in Italy, in the last week her minister of industry Adolfo Urso even proposed to give some worthless historical brands that no one remembers (Autobianchi and Innocenti) for free in order to attract some chinese brands.

Luckily no one took the bait and both Chery and SAIC announced their european factories in Spain, they have dodged a political and bureucratic nightmare.
 

coolgod

Colonel
Registered Member
She is quite desperate, production in many of the former FIAT factories has been halted or is at record low levels and thousand of workers receive redundancy pay from the government to do nothing while Stellantis plans to delocalize in Serbia and Morocco.

In few months she went from leaving the BRI to come begging for a chinese auto maker to invest in Italy, in the last week her minister of industry Adolfo Urso even proposed to give some worthless historical brands that no one remembers (Autobianchi and Innocenti) for free in order to attract some chinese brands.

Luckily no one took the bait and both Chery and SAIC announced their european factories in Spain, they have dodged a political and bureucratic nightmare.
Would be funny if she doesn't even get to meet the big boss and only meets the Chinese Premier Li Qiang.
 

BoraTas

Captain
Registered Member
She is quite desperate, production in many of the former FIAT factories has been halted or is at record low levels and thousand of workers receive redundancy pay from the government to do nothing while Stellantis plans to delocalize in Serbia and Morocco.

In few months she went from leaving the BRI to come begging for a chinese auto maker to invest in Italy, in the last week her minister of industry Adolfo Urso even proposed to give some worthless historical brands that no one remembers (Autobianchi and Innocenti) for free in order to attract some chinese brands.

Luckily no one took the bait and both Chery and SAIC announced their european factories in Spain, they have dodged a political and bureucratic nightmare.
There was also the Sinochem's stripping of its voting rights in Pirelli. They had that right because of their partial (37%) ownership of Pirelli. Now Sinochem has no voting power in a business they have stakes in. Imagine owning 37% of a business but having no say over how it is run. If we stop being kind and call this what it is, it was an act of theft by the Italian government. I would speculate that it was more of a consideration for Chinese businesses. You know, the same adminstration might involve "national security something something" in future and take away their rights over their factories. Italy will stay toxic to large Chinese businesses at least until Meloni leaves.

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They even tied this to the American chip obsession. What a joke.
In a statement Friday, the Italian government said Pirelli’s Cyber Tyre, which uses chip technology to collect vehicle data, is “configured as a critical technology of national strategic importance.”


“Improper use of this technology can pose significant risks not only to the confidentiality of user data, but also to the possible transfer of information relevant to security,” the statement added.
 
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