Twin Metals Mine

A little confused after reading the USA Today version of the story…. They call it a “proposed mine” (I.e. never built) and say the company held the lease for 50 years….

Is that true? They did nothing for 50 years, but now that it won’t be renewed, it’s critically important?

 

https://www.usnews.com/news/politic...ation-cans-lease-agreements-for-proposed-mine

 

I just love liberal politicians. Really, they are no different than Trump, they just don't show it in public. So Biden wants to end this because we are going to clean up our act, yet all it does is move to somewhere else on the globe which coincidentally, impacts the climate just as badly, if not worse. Then he'll go on his campaigns saying how he cleaned up the environment until some truth comes out that we instead polluted another country in the process.

Embarrassingly, California is the #1 reason why the Amazon rain forests have been culled. Almost 70% of the materials that region creates is used by the great state of California. That way California can say they are the #1 most net carbon-zero state. Wait they aren't, by a long shot. Interesting, in order to be green, we have to pollute, in some cases far worse than coal mines.

 

Lol, okay you are definitely going to need to back that one up. 70% of all materials from the Amazon are used by California? Link?

 

I think he must be confusing the rainforest with the company

 

I am sure the Chilean's, who own the Twin Metals mining company, are devastated that they will not be able to sell Ni and Cu mined in the US on the global market at top dollar.

 

I’m more questioning your article’s claim that the mine “IS a state-of-the-art underground copper, nickel, cobalt and platinumgroup metals (PGM) operation using some of themost advanced and precise methods of extraction.”

That current tense makes it sound like it’s a running mine being shut down, when all the other articles describe it as an unused lease area that simply isn’t being renewed….

 

relevance? BTW, it is a public company

 

Do the Twin Metal lease holders contribute to the GOP? Biden decision does not comport with National Defense considerations to maintain a domestic supply of critical resources.

 

Are you sure? Maybe I am looking up the wrong Twin Metals Minnesota, but their website sure states that they are a wholly owned subsidiary of a Chilean Company.

Relevance? All of this BS about minerals and metals for the US?? Total BS. The plan is to mine the metals, and sell through the international commodities exchanges. There is no patriotic non-sense here.

Antofagasta - Twin Metals

 

there’s nothing about this post that makes sense to me

 

It's hard to see that Biden has any comprehensive energy plan, if on the one hand he is demanding that the U.S. switch to electric cars, and on the other preventing the mining of materials critical to production of those cars. Sounds like a long-term plan to shut down the economy, or hand over our money to China. Bonus? This mine would have also produced nickel, which is used in producing stainless steel. The price of stainless steel increased 36% last year. Seems foolish, much like the idea of shutting down construction of the pipeline from Canada to the Gulf Coast. With all of the inflation going on (price of timber is still high), seems like poking the economy with a sharp object is not the smart thing to do.

If there were environmental concerns, those could have been addressed without shutting the whole operation down.

 

Another case of Biden undoing the BS that Trump was pulling.

A Plan to Mine the Minnesota Wilderness Hit a Dead End. Then Trump Became President. (Published 2019)

"In the waning months of the Obama administration, a Chilean conglomerate was losing a fight with the United States government over a copper mine that it wanted to build near a pristine wilderness area in Minnesota.

Beginning in the early weeks of Mr. Trump’s presidency, the administration worked at a high level to remove roadblocks to the proposed mine, government emails and calendars show, overruling concerns that it could harm the Boundary Waters, a vast landscape of federally protected lakes and forests along the border with Canada."

Wow... with so much to do, why was it one of the first things Trump focused on? Oh the article helps us with that too.

"Just before Mr. Trump took office, Mr. Luksic added a personal investment to his portfolio: a $5.5 million house in Washington. Mr. Luksic bought the house with the intention of renting it to a wealthy new arrival to Mr. Trump’s Washington, according to Rodrigo Terré, chairman of Mr. Luksic’s family investment office, which handled the purchase.

The idea worked. Even before the purchase was final, real estate agents had lined up renters: Jared Kushner and Ivanka Trump."

I can't post any more from the article, but you get the drift. Trump and crew skirted every environmental law so that his kids could get some free rent.

 

Geez… and remember when “drain the swamp” was a thing….

 

These decisions by Obama are meant to cripple our country.

 

Or keep the water supply clean ...

I'd also point out how hard Obama failed at crippling the country, since stock market gains under Obama are only second to Bill Clinton for 8-year presidents.

 

Sounds like a complicated issue and there is no way I can form an intelligent decision based upon 10 minutes of reading.