The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Looks like our Sonoran neighbours are diversifying in mining rare earths as well.
https://www.mining-technology.com/uncategorized/newsgrupo-mexico-plans-to-mine-rare-earth-4319556/
Thanks Zoom and Jimb for taking the time to explain all the pros and cons. There is certainly a lot to consider and peruse over in Sonora .
‘Rockland Resources is engaged in the business of mineral exploration and the acquisition of mineral property assets for the benefit of its shareholders. In addition to the Utah Lithium Property, the Company is acquiring the 41,818-hectare Elektra claystone project concessions that are contiguous with Gangfeng Lithium’s Sonora Lithium Clay Project located in Sonora, Mexico.’
I’m sure Electra from Rockland was owed by AlixResources our very very close next door neighbour
https://mexiconewsdaily.com/business/companies-nearshoring-mexico-economy-minister/
‘However, Ebrard said Thursday that he would meet with United States climate envoy John Kerry in Egypt to discuss “the expansion of clean energy production in Mexico.”
‘Mexico needs to increase such production “at a rate even faster than the United States” to ensure it can comply with any clean energy requirements the U.S. imposes on exports to that country, the foreign minister said. During Kerry’s visit to Sonora last month, Mexican and U.S. officials spoke of their shared vision to increase the production of solar, wind, geothermal and hydroelectric energy, he added’
https://mexiconewsdaily.com/news/foreign-minister-ebrard-cop27-g20/
@elonmusk just dropped a bombshell: "But it is looking increasingly like […] that Tesla will need to get into the Mining Business"
https://twitter.com/tesla_fix/status/1588665276757073920?s=42&t=ZfidoCLuewLlnrgjAJs7oA.
When that blows up between Mexico and China over the Mexican lithium concessions , we will be splatted all over the news worldwide I guess:) . The only question is, is it this year, next year, sometime …… ? Whichever way it goes we will have to be involved and included won’t we?
Yes Tom :) Hopefully it’s all falling into place . smrrty, China would represent a national security risk as Canada have decided . They appear to be leading the way and Bacanora Minerals as Tom said is a Canadian reg company .
https://www.mining.com/web/canada-orders-three-chinese-firms-to-divest-from-countrys-lithium-miners/
Could Mexico be thinking along the same lines as Canada ?