{"id":53174,"date":"2020-05-11T10:13:03","date_gmt":"2020-05-11T15:13:03","guid":{"rendered":"https:\/\/olduvai.ca\/?p=53174"},"modified":"2020-05-11T10:13:10","modified_gmt":"2020-05-11T15:13:10","slug":"why-trump-is-desperate-to-secure-this-rare-metal","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=53174","title":{"rendered":"Why Trump Is Desperate To Secure This Rare Metal"},"content":{"rendered":"\n

Why Trump Is Desperate To Secure This Rare Metal<\/a><\/h3>\n\n\n\n

While the United States is slowly working towards ending the lockdown and restarting the economy, the federal government is quietly fighting a second war with China over critical metals. <\/p>\n\n\n\n

One of those critical metals in particular is the extremely rare key to global technological dominance because it\u2019s crucial to winning the 5G war–the national security battle of the century.    <\/p>\n\n\n\n

The metal is cesium (Cs)<\/a>, the most active metal on Earth, and it\u2019s so rare that it\u2019s hard to even put a price on it. It\u2019s also a vital ingredient in our ability to make 5G happen.<\/p>\n\n\n\n

Despite this, America has none, and it dropped the ball a long time ago. At the 11th hour, the Trump administration is now bent on reversing the loss of cesium to China, spanning the globe for lower-risk venues with potential reserves.And that desperate search for cesium potentially makes one particular Canadian junior miner–Power Metals (TSXV:PWM<\/a>,OTC:PWRMF<\/a>)–a highly critical component.      <\/p>\n\n\n\n

There are only three cesium mines in the world and Power Metals owns three of the five cesium occurrences in the province of Ontario.<\/p>\n\n\n\n

In February<\/a> this year, Power Metals started drilling for what is hoped to become the only potential cesium mine that China doesn\u2019t already control. <\/p>\n\n\n\n

\u201cThere is a global shortage of this rare metal and we are very lucky to have found it at our 100% owned Case Lake Property with grades as high as 14.7 % Cs2O,\u201d Power Metals Chairman Johnathan More said in a recent press release<\/a>. <\/p>\n\n\n\n

Cesium: The Star of the Critical Minerals Show<\/strong><\/p>\n\n\n\n

Unlike some other commodities, cesium is immune to the demand-decimating effects of the coronavirus pandemic because it is critical to everything from the 5G revolution, healthcare advances and defense to oil and gas drilling–and even time itself.  <\/p>\n\n\n\n

\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"

Why Trump Is Desperate To Secure This Rare Metal While the United States is slowly working towards ending the lockdown and restarting the economy, the federal government is quietly fighting a second war with China over critical metals.  One of those critical metals in particular is the extremely rare key to global technological dominance because […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,4,5],"tags":[103,4668,130,29682,5332,29681,827],"class_list":["post-53174","post","type-post","status-publish","format-standard","hentry","category-economics","category-environment","category-geopolitics","tag-canada","tag-cesium","tag-china","tag-nick-pulver","tag-oilprice-com","tag-rare-earth-mineral","tag-united-states"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53174"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53174\/revisions"}],"predecessor-version":[{"id":53175,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/53174\/revisions\/53175"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}