Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

These 35 Minerals Are Absolutely Critical To U.S. Security

Courtesy of ZeroHedge. View original post here.

What do cobalt, uranium, helium, titanium, and fluorspar have in common?

As Visual Capitalist’s Jeff Desjardins points out, according to the U.S. government, these are all minerals that are deemed critical to both the economic and national security of the country.

The draft list of 35 critical minerals was released on February 16, 2018 as the result of President Trump’s Executive Order 13817, which asked the U.S. Department of the Interior and the Secretary of Defense to publish a list of mineral commodities that are vital to U.S. interests.

Under the Executive Order, a critical mineral is defined as:

A non-fuel mineral or mineral material essential to the economic and national security of the United States, the supply chain of which is vulnerable to disruption…

The list includes minerals that are important for defense, economic, and industrial purposes – and it keys in especially on minerals that are not produced in substantial quantities domestically.

Courtesy of: Visual Capitalist

 

WHY THESE CRITICAL MINERALS?

We sorted the list based on some of the key uses of these minerals.

Of course, some of these minerals could belong in multiple categories: for example, vanadium is used as a steel and titanium alloy strengthener, but also in rechargeable vanadium flow batteries.

That said, the important commonality to note for all of these minerals is their crucial link to the U.S. economy and national security.

PREPARING FOR THE WORST-CASE SCENARIO

Imagine the hypothetical impact of a lack of uranium for nuclear plants, a hampered ability to create high-strength steel and superalloys for the U.S. military, or if U.S. auto manufacturers had limited access to aluminum, steel, PGMs, and battery metals.

The challenge, as U.S. federal authorities realize, is that many of these raw materials are produced in limited amounts domestically. In fact, according to the USGS, the country sources at least 31 of the aforementioned materials chiefly through imports.

While it is unlikely that these supply chains would ever be disrupted, it’s never a bad idea to prepare for the worst-case scenario.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!