And by the way, I looked up Molycorp. It seems that the company filed for
bankruptcy in 2015. The Mountain pass mine which they reopened in 2010 (after it had been closed by Unocal in 2002), closed again after they declared bankruptcy, but it had been unprofitable due to competition with China. It was sold after bankruptcy to a US hedge fund that has as one of its partners Shenghe Resources, a state-owned Chinese firm and it resumed partial operations in 2018. As a result of the US/Chinese trade war, they announced that full operations, without Sheghe would start in 2022. The company got grants from DoD in 2022 to assist with that.
If you're going to lie Hooda, at least make it a lie that nobody can check on.
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In response to this post by Hoodafan)
Posted: 03/29/2023 at 4:57PM