Re:America produces enough oil to meet its needs, so why do ...
by chii on Tuesday March 08, 2022 @08:15PM
(#30609819)
> requires some metals Russia has too
it's not like those metals are _only_ found in Russia. The upfront capital expense of opening new mines somewhere else is high, so doesn't make economic sense when Russia has already made this investment in the USSR era, and can pump it out cheap(er) now.
But if the need arises, other sources of such metals can be acquired in the medium to long term. Same can be said for the rare earths from China.
it's not like those metals are _only_ found in Russia. The upfront capital expense of opening new mines somewhere else is high, so doesn't make economic sense when Russia has already made this investment in the USSR era, and can pump it out cheap(er) now.
But if the need arises, other sources of such metals can be acquired in the medium to long term. Same can be said for the rare earths from China.