America’s mineral awakening: Onshoring supply chains, rebuilding industry, and the race for mineral independence
- •Hey everyone, just read this article on America's mineral awakening and wanted to get your thoughts.
- •My initial take is that this is HUGE for long-term growth, especially for domestic mining and refining companies.
- •We've been so reliant on overseas sources for so long, and the geopolitical risks are just getting too high.
Hey everyone, just read this article on America's mineral awakening and wanted to get your thoughts. It dives into the whole onshoring supply chains, mineral independence, and rebuilding industry angle, which honestly, I've been thinking a lot about lately for my own portfolio.
My initial take is that this is HUGE for long-term growth, especially for domestic mining and refining companies. We've been so reliant on overseas sources for so long, and the geopolitical risks are just getting too high. I've already been looking into a few companies that are focused on rare earth elements and critical minerals here in the US. It might not be a quick buck, but for my retirement fund, I'm trying to think 10-20 years out for my kids' future, and security in these resources seems like a no-brainer. The challenge, of course, is the up-front investment and regulatory hurdles, but the article seems to suggest there's a real push from the government side now.
So, what are your thoughts? Are you looking at any plays in this space, or do you think the challenges outweigh the potential benefits? Is this "awakening" truly going to translate into significant investment opportunities, or are we still too far behind the curve? Curious to hear what others are seeing and if anyone has already dipped their toes in this sector.