Comments on: China Plans For Its Competitive Future With Mining Asset Drive

By: fran

fran — Sun, 25 Jul 2010 13:07:32 +0000

china has been doing the same for energy[oil primarily] for even a longer time. justifyably so as no economy or a mining industry can grow absent sufficient oil to drive them. the current USA posture on on fossil fuels places the USA at a distinct disadvantage to resurrect mining and most other industrial focused industries even if our blinders be removed and we wished to reindustrialize.

By: Steve Frazer

Steve Frazer — Fri, 23 Jul 2010 13:58:18 +0000

I think it interesting that while so many focus on the superficial, these critical issues are simmering. It will take a decade for US mines and milling and extraction processes are put into place again. Having presented to many VC’s over the years, this will not be attractive to most until after the US government has jump started the industry. A perfect focus for national lab funding.

http://etcgreen.com Are you driving your last gasoline powered car?

By: Tek

Tek — Fri, 23 Jul 2010 13:19:43 +0000

Jack, your summary seems to me most notable in the fact that the Chinese are incorporating the same long term infrastructure investment strategies that made nations like the US world leaders for decades. Meanwhile the US, directed by inbred, communal, shortsighted financial corporations and grid locked bureacracies, drive the nation into import servitude, just like the Russias and Chinas of the past that Americans used to point up as failed socialist and communist regimes.